Early Friday morning (24-June) the U.S. awoke to the results of Britain’s historic vote to leave the European Union. On the western shores of “The Pond” the controversial referendum was often buried in the electric ether of the U.S. Presidential campaign or more exciting issues like keeping up with another generation of Kardashians. However, with the “shocking decision” (an expression used by at least a dozen U.S. news reporters) “The Exit” is today’s news.
We always seem to forget the effect operating cost has on the supply chain. With fuel and transport rates forever in flux and on our radar, we tend to overlook the less noticeable “costs of doing business” that are not always measured in dollar values. These manifest themselves in port delays and increased transit time.
Fred Potter, director of the Teamsters Union Port Division, in an interview with AJOT said the Teamsters are calling on the Ports of Los Angeles and Long Beach to “ban trucking companies from Port property when they illegally misclassify truck drivers” as independent contractors.