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Lessons to Glean From the West Coast Port Dispute

MIT Supply Chain

In 2002, a 10-day lockout on the West Coast cost the US economy an estimated $ 1 billion per day in the first week growing to $2 billion per day in the second week, and required a presidential intervention. First, over the next several years, new shipping options will become available to US companies.

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Interoceanic Passages

Abivin

Additionally, a potential route through Nicaragua was examined. In order to manage the increasing containerized traffic, the rail line between the Atlantic and Pacific sides was reopened in 2002 under a private concession. The Turkish government outlawed the usage of the crossing by massive tankers at night in 2002.

Panama 52