US West Coast Port Disruptions Continue to Cause Supply Chain Concerns.
President Biden has sent his labour secretary to California to resolve the ongoing pay negotiations between employers and dockworkers, which have led to sporadic walk-outs and damaged productivity at many terminals in the US. The situation has worsened following news of a 72-hour strike at the ports of Vancouver and Prince Rupert in Canada. Growing congestion at the Panama Canal is also causing concern for supply chain executives. Biden can invoke the Taft-Hartley Act to force a resumption of normal port operations. However, the latest data from Danish box watchers eeSea shows comparatively minimal disruption.
