Deep Dive: Why US West Coast dockworker union negotiations could rock container shipping

March 09, 2022 00:17:47
Deep Dive: Why US West Coast dockworker union negotiations could rock container shipping
The Loadstar Podcast
Deep Dive: Why US West Coast dockworker union negotiations could rock container shipping
/

Show Notes

Created, Produced and Hosted by Mike King

In this inaugural episode of this Deep Dive Loadstar Podcast, editor Mike King explains why war in Ukraine is not the only global trade disruptor in March 2022.

Negotiations over a new labour contract between the International Longshore and Warehouse Union (ILWU) pose a threat to port productivity on the US West Coast where terminals, including those located at Long Beach and Los Angeles, are already bedevilled by port congestion and long vessel delays.

Already, shippers are sourcing products in Asia earlier than normal and directing more cargo to US East Coast and Gulf terminals. But do these facilities have the capacity available to receive more ships?

And what does all this mean for global inflation, container rates and the US economy?

 

Guests:

Brian Whitlock, Gartner Senior Director Research Analyst

Jon Gold. Vice President, Supply Chain and Customs Policy at the National Retail Federation

Lee Klaskow, Senior Analyst for Transportation and Logistics at Bloomberg Intelligence

Peter Tirschwell, Vice President, Maritime & Trade, IHS Markit

Peter Sand, Chief Shipping Analyst, Xeneta

Other Episodes

Episode

September 09, 2021 00:53:32
Episode Cover

Episode 5 - Shipping goes mainstream as the peak season rolls in

Credits: Created, Produced and Hosted by Mike King   In Episode 5 of The Loadstar Podcast, Mike King is joined by Loadstar shipping reporter Mike Wackett, Eric Reuter, Forto’s Vice President for Asia, and Happy Chau, a fashion logistics expert and Director of Sales with Transpacific specialist OEC Group. They examine how shipping and logistics have become mainstream news, what impact Covid outbreaks are having on ports, airports and freight rates, and why carriers are increasingly favouring longer contracts and larger shippers. Jefferies analyst Randy Giveans {from 22.30) explains how the markets are reacting to record carrier profits, and where all the extra cash will likely be spent. And James Hookham (from 34.15), the outspoken director of the Global Shippers Forum, gives a freight buyers’ perspective on current markets in an exclusive Q&A. ...

Listen

Episode

July 01, 2021 00:46:26
Episode Cover

Episode 3 - Exclusive interview with Tim Scharwath, CEO, DHL Global Forwarding

Credits: Created, Produced and Hosted by Mike King What Pearl River Delta port congestion means for rates Can larger ships solve capacity shortages? AND, why everyone in freight and shipping should be paying more notice to the seafarer humanitarian crisis. ...

Listen

Episode

March 16, 2022 00:53:16
Episode Cover

The end of globalisation? How the invasion of Ukraine and Russian sanctions are impacting freight markets and the future of free trade.

Russia’s invasion of Ukraine is causing significant supply chain issues as carriers, ports and forwarders cancel services due to the fear of carrying or handling sanctioned cargo or incurring reputational damage.  The Black Sea, meanwhile, has been classified as a high-risk war zone by the Joint War Committee, a move that has hit imports and exports. Europe’s open skies have also been dramatically closed with all sorts of implications for airlines. In Part 1 of this episode, we explore what War in Europe and sanctions regimes means on a practical level if you’re in the business of logistics and freight. We ask what next for air cargo and shipping operations and freight rates? And what does this invasion mean for rail services from Asia to Europe? We also hear how logistics companies are helping the humanitarian effort and what we can all do to help. And we hear the traumatic story of one seafarer who was on the wrong end of Russian missiles in the Black Sea. In Part 2, we look longer-term. Is this the end of the post-world War 2 rules-based order on which global trade and globalisation itself were built? And, if so, what does this mean for the supply chain landscape on which you all plan and compete?   Guests Michael Every, Global Strategist at Rabobank Ami Daniel, CEO of Windward Adrian Batayen, seafarer on the Namura Queen, a vessel attacked by the Russian Navy off Ukraine in the Black Sea Chris Weeks, VP, Humanitarian Affairs, Deutsche Post DHL Alex Lennane, Publisher, The Loadstar Nick Savvides, News Editor, The Loadstar   Episode in more detail Part 1 Missiles and escape from the Black Sea (2.43) Air space closures – impact on air cargo capacity and rates (8.32) Rail to ocean? (13.20) Sanctions ...

Listen