A picket line at the Neptune Terminal at the Port of Vancouver during a dockworkers strike in Vancouver, British Columbia, Canada, on Wednesday, July 5, 2023.
As a workers' strike at West Coast Canadian ports enters its 10th day, trade associations both in the United States and Canada are warning the impact will inflate prices and cause weeks of delays in product arrivals.
Approximately $572 million in container trade arrives daily to the U.S. from Canada, according to a breakout of U.S. Census data.
From January 2022 to May 2023, total monthly U.S. goods imports from Canada ranged from $31 billion to nearly $41 billion.
The Canadian Chamber of Commerce estimates $605 million in trade moves through one of those two ports daily.
Persons:
Vancouver and Prince Rupert, Steve Lamar, Lamar, Bruce Rodgers, Seamus O'Regan
Organizations:
Port, West Coast, Canadian Chamber of Commerce, American Apparel and Footwear Association, CNBC, Warehouse Union, British Columbia Maritime Employers Association, Canadian International Freight Forwarders Association, Logistics
Locations:
Port of Vancouver, Vancouver , British Columbia, Canada, United States, U.S, Vancouver, British Columbia, British