Maritime Logistics - Essay Example

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Maritime Logistics

Both parties sought to develop a solution meant to avert a strike, which would cause a substantial economic and social impact on East and Gulf Coast citisens and other business stakeholders. One port in eastern Florida employs approximately 64,000 workers on full-time and casual labour jobs. Staging of a strike means that the port will suffer an economic predicament for an indefinite period of time – certainly until authorities address the workers’ issues. According to maritime statistics, the port generates approximately $1 billion daily in form of gross domestic revenue to the US economy. This means that downing of tools by port workers will affect Florida residents because of the $1 billion revenue gap created on a daily basis. Among the stakeholders affected are export merchants involved in production and sale of agricultural produces. Norilsk (2012) argues that prolonged wrangles between workers and employers in the port will affect Florida farmers and other industrial businesses that depend on the port for business activities. Efforts were made by the Longshoremen Association to pursue federal government into stopping the strike in the event that the parties could not reach an agreement. ...Show more

Summary

Maritime Logistics Name: Course: Tutor: Date: US East and Gulf Coast Port Strikes The US East Coast witnesses a myriad of economic activities within the major ports along the coastal line. In the recent past, news about port workers strike resulted in unprecedented challenges to stakeholders involved in international import-export trade…
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