Air Charter Service’s (ACS) North American and Asian offices have secured more than $25m of cargo aircraft charters in three weeks due to the port strike on the US West Coast.
ACS US operation president Richard Thompson said: "The port strikes here have affected 29 ports on the West Coast, which account for around 70% of all exports and imports to and from Asia, and many of these goods aren’t able to wait or production lines will be forced to shutdown, costing tens of millions of dollars."
The charter firm said it has arranged more than 40 large charter flights on aircraft so far, mainly Boeing 747 Freighters.
It is estimated that almost 5,000t of automotive parts, perishables and other urgent cargoes have been flown on widebody charter aircraft.
The labour dispute in the US West Coast began in July 2014 and has disrupted the flow of cargo through 29 ports and caused problems for trans-Pacific maritime trade with Asia.
According to Reuters, the West Coast ports handle almost half of all US maritime trade and more than 70% of the country’s Asian imports.
How well do you really know your competitors?
Access the most comprehensive Company Profiles on the market, powered by GlobalData. Save hours of research. Gain competitive edge.
Thank you!
Your download email will arrive shortly
Not ready to buy yet? Download a free sample
We are confident about the unique quality of our Company Profiles. However, we want you to make the most beneficial decision for your business, so we offer a free sample that you can download by submitting the below form
By GlobalDataThe disagreement reached a settlement point last month after a group of shipping companies and a dockworkers union agreed on a tentative labour deal after nine months of negotiations, the news agency reported.
Recently, Maritime Union of New Zealand (MUNZ) settled a four-year industrial dispute with its employer, Ports of Auckland Limited (POAL), over the new collective employment agreement.