Union contracts for East and Gulf Coast dockworkers are about to expire, with a potential strike on the horizon. On September 30th, the current agreement between the ILA and USMX ends and the ILA is ready to strike on October 1st.
The Transition to Electronic Shipping
Paperless shipping has recently surged in popularity, and many top carriers have followed the trend. Nine of the largest ocean carrier companies have even committed to a fully electronic bill of lading by 2030. The bill of lading, or BL, is traditionally a document that a carrier issues on physical paper. A completely 100% electronic BL is a milestone in shipping and can lead to a fully digital supply chain in the future.