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East and Gulf Coast Ports Avoid Strike with Tentative Six-Year Labor Agreement

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the staff of the Ridgewood blog

Newark NJ, East and Gulf Coast port operators reached a tentative agreement late Wednesday with the International Longshoremen’s Association (ILA), averting a labor strike that could have disrupted U.S. supply chains for the second time in three months.

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Looming Longshoremen Strike Could Shake U.S. Economy

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the staff of the Ridgewood blog

Newark NJ, as the Jan. 15 deadline looms, tens of thousands of longshoremen from Maine to Texas could walk off the job, potentially grinding billions of dollars in trade to a halt. The International Longshoremen’s Association (ILA) and the U.S. Maritime Alliance (USMX) remain at odds over automation, wage increases, and job security, setting the stage for a critical showdown.

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Potential East Coast Dockworkers Strike Looms, Threatening Supply Chain Disruptions

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the staff of the Ridgewood blog

Port Newark NJ, as tensions rise between the International Longshoremen’s Association (ILA) and the U.S. Maritime Alliance (USMX), the East Coast faces a potential shutdown of major ports. The ILA, representing about 85,000 dockworkers, cut off contract talks in June after automation was introduced at the Port of Mobile, Alabama, which they claim violates the current contract. With the expiration of the existing contract fast approaching, a strike could begin as early as Tuesday.

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Boost Your Manufacturing Business: How to Choose the Right Marketing Agency

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Navigating the competitive landscape of today’s market presents unique challenges for manufacturing businesses. From managing complex supply chains to targeting niche markets, marketing in the manufacturing sector demands specialized knowledge.

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Port Authority Says it Has the Capacity to Take on Cargo Traffic Redirected from Baltimore

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the staff of the Ridgewood blog

Newark NJ, on Tuesday, the Port Authority announced expectations of increased cargo traffic at the Port of New York and New Jersey due to ships rerouting away from Baltimore. The bi-state agency assured its capacity to manage additional cargo, noting a 20% increase in cargo volume in 2021 compared to current levels. However, it anticipates some vessels diverting to other East Coast ports further south, such as Norfolk, VA, or Savannah, GA.

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UPDATE: Rail Union authorizes strike, threatening supply chain

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the staff of the Ridgewood blog

Ridgewood NJ, nearly 5,000 railway workers at the International Association of Machinists and Aerospace Workers (IAM) voted to reject a tentative contract agreement with railroads and authorize a strike, the union said Wednesday. The vote reveals that rail workers are not satisfied with the agreement, which calls for 24 percent raises and back pay but doesn’t address workers’ demands for more predictable scheduling and the ability to take time off for doctors’ appointments without being penalized. IAM said that it would delay strike action until Sept. 29 at noon to allow union leaders to continue negotiations with railroads.

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A Chinese Supply Chain Revolution

Republican Candidate for Congress Frank Pallotta

Congressional Candidate Frank Pallotta

America has lost a great treasure from its decades-long dependence on China; and breaking free from her grip, will be like ripping a scab off an old wound. To envision how badly this has hurt us as both a state and a nation, consider a hypothetical where a fictitious town’s retail stores are all owned by a tyrannical “slave owner” who deals in worthless currency (the Yuan) in exchange for US dollars, and then breaks every law with impunity while gaining complete control over all the resources you ultimately rely on. Furthermore, any attempt to begin to break free from their grip, would be met with supply-chain chaos in the short-term. This metaphor does in fact exist in the form of Chinese trade relations with the US, and it doesn’t seem to be getting any better. Now imagine our own state, New Jersey, as the economic driver and manufacturing powerhouse with the wherewithal to eliminate the second order effects of cutting the Chinese umbilical cord to the US.

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