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Thirty-six ports have ceased working due to the strike, barring shipping operations that could come at a $5-billion-dollar cost per day, according to an analysis by J.P. Morgan.
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The researcher estimated that the strike will cost the US $3 billion to $5 billion a day. Shipping costs and delays could escalate, impacting global trade if the strike continues. ... to cost the ...
United States Analysts at Sea Intelligence estimated that $3.7 billion in un-handled freight would be lost per day by the strike in East Coast ports alone, based on them handling an estimated 74,000 shipping containers per day for October 24 worth an average of about $50,000.
With a dockworkers' strike threatening to close ports on the East and Gulf coasts beginning this week, Chris Butler is growing worried.. Butler is CEO of the National Tree Company, and, like many businesses, his is counting on shipments that are en route from Asia but won't reach their ports before an expected strike by longshoremen starting at 12:01 a.m. Eastern time Tuesday.
A 2007 study used the CAPRES model [22] to calculate a maximum capacity of 226 trains/day, 350 days/year, under the safety regulations applicable at the time. [23] The study foresaw a maximum traffic of 180 freight trains per day, which had to be lowered to about 150 freight trains per day due to logistical inefficiency (the traffic flows ...
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