Proposed Law Would Let Governors Intervene in Port Slowdowns
A proposed bill would let governors invoke the Taft-Hartley Act to address port slowdowns like the one that caused massive gridlock at 29 West Coast ports.
A proposed bill would let governors invoke the Taft-Hartley Act to address port slowdowns like the one that caused massive gridlock at 29 West Coast ports.
While it will take months for the return of normalcy after the West Coast port crisis, what about the next one? Partnering with a 3PL is one way to prepare.
Barring a major breakthrough, a crippling West Coast port shutdown could happen in 5-10 days, costing the economy $2 billion per day, according to the NRF.
July port traffic is projected to be at the highest level in five years, the NRF reports, as west coast port negotiations go on.
As the deadline passed July 1, the two sides continuing talking to avert a west coast port strike.
A joint NRF/NAM study found a West Coast port strike could cost the U.S. economy up to $2.5 billion per day.