The logistics and transportation sector is bracing for a challenging third quarter, with tight capacity, high rates, and potential labor negotiation issues set to impact ocean cargo worldwide. The International Longshoremen’s Association (ILA), representing 85,000 port workers along the eastern seaboard and Gulf Coast ports, suspended contract negotiations with the United States Maritime Alliance (USMX). This suspension, driven by disputes over automation and wage increase demands, adds a layer of uncertainty to an already strained logistics landscape. |