3/9/2023 0 Comments China port map"If the strike action goes for the full eight days or longer, massive delays will be seen across the UK, with spillover effects into the EU as containers get diverted to other ports such as Rotterdam or Le Havre. "The ripple effects of the strike will hinge greatly on how long it lasts," said Josh Brazil, vice president of supply chain insights at Project44. Sharon Graham, general secretary of Unite, says CK Hutchison Holdings, the company which owns the port, can afford the raise as a result of its record profits. The union Unite has warned the port disruption could last until Christmas if the ten percent pay demand is not met. Andreas Braun, Europe, Middle East, and Africa ocean product director of Crane Worldwide Logistics, told CNBC it will take at least two months for the backup of containers to be cleared out. The current strike at Felixstowe is slowing down $4.7 billion in trade. There will be no more strikes until March 2024. The deal was approved by union negotiation committee by a vote of 18-2. The agreement includes a retroacive 9.4 percent pay increase starting July first for the container sector, followed by another increase of 4.4 percent starting June first of 2023. Sources with knowledge of the German deal tell CNBC, the union will make their final descision in two weeks. On Wednesday, a deal was announced between the union ver.di and the German ports, but Crane said it will take until the first quarter of 2023 for the congestion to be cleared. On the flip side, Europe to North America and China to Europe are both up because of massive port congestion due to the strike at Felixstowe and the previous labor strife in Germany. China to the East Coast is down 3 percent, at $9,184. The latest ocean freight rates tracked by Freightos show the China to West Coast rate is down six percent, at $5,759. When a military installation or Government - related facility(whether or not specifically named) is located partially within more than one city or county boundary, the applicable per diem rate for the entire installation or facility is the higher of the rates which apply to the cities and / or counties, even though part(s) of such activities may be located outside the defined per diem locality.Unlike last year, and even just months ago, when space was in extreme shortage, currently space is open for all lanes and ocean carriers are pushing for more bookings with freight adjustment weekly and some daily, according to OrientStar Group. Per diem localities with county definitions shall include "all locations within, or entirely surrounded by, the corporate limits of the key city as well as the boundaries of the listed counties, including independent entities located within the boundaries of the key city and the listed counties (unless otherwise listed separately)." Unless otherwise specified, the per diem locality is defined as "all locations within, or entirely surrounded by, the corporate limits of the key city, including independent entities located within those boundaries." Traveler reimbursement is based on the location of the work activities and not the accommodations, unless lodging is not available at the work activity, then the agency may authorize the rate where lodging is obtained.
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