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The labor unions and management reached a tentative deal this morning avoiding the impending railroad strike. President Biden released the below statement following the tentative agreement:

As the possibility of a US rail strike

As General Stephen Lyons said in yesterday’s NY/NJ Port Industry Day, “We are now in a recovery period” in the supply chain.

Two major ports - New York and Long Beach - have announced that starting in September there will be no more free time on weekends. 

Yesterday over 2,000 dockworkers at the Port of Felixstowe began an eight hour work stoppage, ceasing the flow of cargo in and out of the port - the largest in the UK for import and export cargo.