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Lessons to Glean From the West Coast Port Dispute

MIT Supply Chain

It appears that ports on the US West Coast are back in full swing after a protracted labor dispute delayed cargo worth billions of dollars and caused untold reputational damage to the companies caught in the crossfire. First, over the next several years, new shipping options will become available to US companies.

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Interoceanic Passages

Abivin

In the current global economy, the closure of a maritime chokepoint would have significant economic ramifications due to the disruption of trade flows and even some supply chains (e.g. The Suez Canal Company's shares were purchased by Great Britain in 1874, making it the sole owner. Gibraltar and Suez during World War II).

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