On August 22, talks between the International Longshoremen’s Association (ILA) and the U.S. Maritime Alliance (USMX) broke down, despite making progress towards an agreement over these last several months.  Talks will resume on September 17, at the request of the Federal Mediation and Conciliation Service (FMCS).

On September 30, the coast-wide master contract between the ILA and USMX will expire and, if there is no agreement by then, there is a potential for a strike or full lockout along the entire East Coast. If this occurs, ports on the East Coast will be shut down and all vessels denied access, causing delays and increased traffic on the West Coast and all Canadian ports. Many vessel operators will be implementing a congestion surcharge of $800 per 20′ container if the strike occurs.

Check here for the latest news on this potential strike.