Three dozen ports alongside the East and Gulf coasts are going through a possible work stoppage because the deadline for a brand new contract between port employers and dockworkers edges nearer.
Tens of hundreds of dockworkers represented by the Worldwide Longshoremen’s Affiliation might stroll off the job and start placing as quickly as Tuesday if the union and the U.S. Maritime Alliance don’t attain an settlement.
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FOX Enterprise takes a more in-depth take a look at three main East Coast ports that may be affected by a piece stoppage.
Port of New York and New Jersey
The Port of New York and New Jersey is the most important on the East Coast and third largest within the nation primarily based on cargo quantity. It has a complete of six terminals via which varied sorts of items transfer.
Greater than 7.8 million 20-foot equal models (TEUs) of cargo went via the Port of New York and New Jersey final yr. It moved about $271 billion value of products in 2022, in line with a port truth sheet.
A few of the prime imported commodities it handles embrace furnishings, home equipment, plastics, drinks, spirits and vinegar, and electrical equipment and elements, in line with a truth sheet. It additionally helps facilitate the exportation of huge volumes of automobiles and elements; wooden and wooden pulp; plastics and different items.
Port of Savannah
The Georgia Ports Authority has referred to as the Port of Savannah “residence to the most important single-terminal container facility of its type in North America.”
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In keeping with the Savannah Space Chamber of Commerce, it dealt with 22.1% of East Coast container commerce final yr. The Port of Savannah noticed 5.4 million TEUs undergo its amenities in fiscal 2023.
It has reported TEUs of three.68 million from the beginning of the yr via August.
It options the most important refrigerated container import-export terminal within the Southeast, in line with the Savannah Space Chamber of Commerce.
Port of Baltimore
The Port of Baltimore has 5 public and 12 non-public terminals.
It noticed 1.1 million TEU containers in 2023, in line with a February press launch from the Maryland governor’s workplace.
The Port of Baltimore led U.S. ports in “dealing with cars, mild vehicles, farm and building equipment, in addition to imported sugar and gypsum” final yr, the Maryland State Archives mentioned. It additionally exported the second-largest quantity of coal.
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Greater than 847,000 vehicles and light-weight vehicles went via its terminals final yr.
The Maryland State Archives mentioned the Port of Baltimore was “inside an in a single day drive of one-third of the nation’s inhabitants.”
Maryland has estimated that the port and its operations carry $70.28 billion in financial worth to the state.