Most retailers, they kind of know the game already,
Grocery stores and others in the supply chain aren't holding a lot of inventory because they don't want them to expire,
Air cargo essentially is the only clear beneficiary we can see in this situation. It's essentially the only way to move products in country and bypass the ports,
We see this as a small headwind with no real winners among the rails,
We think the most direct beneficiary of a strike situation would likely be international airfreight capacity providers like FedEx and UPS, which have significant operating leverage to Express operations,
With respect to the rails, there are clearly some near-term headwinds to both East Coast rails CSX and NSC,
Where we'd probably be most worried is for critical process inventories. Unavailability there could cause shuttering of production plants, potentially furloughs and layoffs,
The longer this goes, the more the impact scales, and really it starts to scale exponentially,
I think a lot is going to depend obviously on the political situation and the willingness of the Biden administration to intervene here, but our base case is about two weeks,
There really are not a whole lot of options in terms of a plan B here other than air cargo,
It was eerie, like a ghost town,
We’re a bit scared for sure,
It will obviously be a huge impediment for getting wine shipped here in a critical moment in the year as we gear up for the busy fourth quarter season, ... We have containers arriving in the next couple weeks that may end up just sitting out at sea unless things are resolved.”
There's collective bargaining, and I don't believe in Taft-Hartley,
Those aren’t as easy to transport by train because they’re refrigerated and perishable,
A supply chain disruption would undoubtedly lead to price increases across the board and would impact consumers’ ability to find the toys they are looking for in the weeks and months ahead,
We're deeply concerned about the impact a strike could have on our supply chains, especially when it comes to critical goods like medical supplies and others,
We don't think there will be a disruption to the food supply,
We're really focused on medical supplies,
This will be a major disruption for thousands and thousands of independent truckers as well,