The International Longshoremen’s Association (ILA) negotiations loom large as the countdown to midnight marches on. In 2023, the US imported $3.83 Trillion of products. This is more than 25x the size of imports ($151 billion) in 1977 – the last time we saw a full ILA strike commenced.
Interos data showed direct impacts at top ports could be far-reaching with over 200,000 domestic companies at risk from direct missed imports.
However, additional analysis from Interos indicates the scale dramatically increases when you look at the extended supply chain outside of top ports.
ILA Strike: Devastating Consequences Beyond Direct Radius of Impact
Additional analysis highlights the staggering impact of a strike across extended supply chains. Over 2.2 million companies are supplied by at least one of the companies that import commodities directly from any port facility heading for a strike.
When extending our analysis to encompass the potential ripple effects of the strike, Interos data reveals over 3.7 million companies that, in turn, have trade relationships with those companies, and an additional 4 million companies one more tier out.
When looking at these three tiers in addition to the direct importers, over 11 million companies will be impacted, representing over 152 million unique relationships, and all their suppliers across the globe.
In fact, globally, the countries with the most companies impacted by a strike will be the United States, India, United Kingdom, Germany, and Italy.
Real-Time Monitoring of Extended Supply Chain Impacts
These insights have been added in real time, and Interos will continue to closely watch these and all supply chain events as they unfold.
Interos has created the world’s largest supply chain database, dynamically powered by AI, with over 11 billion relationships of more than 400 million businesses – to help companies manage supply chain risk in real time.
To keep on top of potential supply chain disruptions, especially those from your indirect, extended supply chain relationships, speak to an expert today.
