World Perspectives

Port Strike Suspended: A Look at Short-Term and Long-Term Issues

East and Gulf Coast port workers are back on the job today after striking on 1 October. Many of the affected ports will add weekend overtime hours to load trucks; several ports will remain closed to trucks today as containers are offloaded to prepared for resumptions of trucking. Importers report being invoiced for port congestion fees by the shipping companies, but in the end, the work stoppage was short enough that the economic ramifications will be limited, for now.   The deal is temporary, with the strike suspended until 15 January after the ports offered wage increases of $4 per hour immediately on top of the $39 per hour base, and an additional $4 per hour for the remainder of the six-year master contract. That is a total i...

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WPI Grain Prices and Freight Rate App  **** Note: After our recent website update, we're having difficulty correctly linking the app to this page. Until we get this fixed, please visit the app directly via the link below. ***  https://worldperspectives.shinyapps.io/Combined_FOB_Price_...

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From WPI Consulting

Weighing in on strategic realignment

WPI’s team was retained by the governing board of a U.S. industry organization to review a decision, reached by vote, to invest significant assets into the development and management of an export trading company. WPI’s team conducted a formal review of this decision and concluded that the current level of market saturation would limit the benefits of the investment. Based on WPI’s analysis and recommended actions, the board subsequently reversed its decision and undertook a strategic planning effort to identify more impactful investments. On behalf of numerous clients, WPI has not only assisted in identifying strategic paths but also advised their implementation.

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