Workers at the UK’s largest port, Felixstowe, are set to strike for 8 days from the 21st August, this year. This will have significant Supply Chain knock on affects.
Workers at the UK’s largest port, Felixstowe, are set to strike at the end of August, this year, due to being offered a below-inflation pay rise. Felixstowe port handles around 40% of container import and exports to the UK. Therefore, this will significantly affect the UK’s supply chain.
92% of the Dockers, at Felixstowe, voted in favour of the strike. The decision to strike was triggered after the workers were offered a 5% pay rise, from the Felixstowe Dock and Railway Company. However, with the retail price of inflation, at 11.8%, their union, Unite brought to attention that the offer would actually be a real-terms pay cut.
What may this affect?
- Significant UK supply chain disruption
- Impact on international trade
- From August, imports to the UK tend to surge, as retailers begin stocking for Christmas. The strike is due to collide with this container increase.
- Further strikes across the industrial sectors, including rail strikes, are also due to take place throughout the rest of the year.
What’s happening now?
The Port of Felixstowe, Acas and Unite are meeting today (08/08/22) to discuss further and negotiate a larger pay increase of 7%.
For further information please reach out to your account manager or operational contact.
We will continue to monitor the situation and continue to review internally shipments that could likely be affected, as we look to minimise the impact felt by our customers.