“CNBC has been told by multiple sources the protests at the Port of Oakland will continue through Friday.
Last week one-hundred truckers protested at the ports of Los Angeles and Long Beach but because of the size of the ports, the impact was not as severe as Oakland. An estimated 15,000 trucks move through these ports daily, more than seven times the trucking capacity of Oakland. But even with their immense size, the ports of LA and Long Beach have been severely congested and any trucker disruption would only add to the massive container congestion.
The problem at these West Coast ports has been rail wait times are around 11 days. Trucking containers represented less than 40% of all long-dwelling containers at the ports. Because of the railroad container pile-up, land capacity at the Port of LA is currently 90%. Any delays in trucks picking up containers would only add to the congestion.
Container congestion takes boxes out of the supply chain for re-use and that drives up container prices because you have fewer containers available.
Correction: An estimated 70,000 truckers who own and drive their own trucks would fall under the gig worker law. An earlier version of this article misstated that figure.
The CNBC Supply Chain Heat Map data providers are global freight booking platform Freightos, creator of the Freightos Baltic Dry Index; logistics provider OL USA; supply-chain intelligence platform FreightWaves; supply chain platform Blume Global; third-party logistics provider Orient Star Group; marine analytics firm MarineTraffic; maritime visibility data company Project44; maritime transport data company MDS Transmodal UK; ocean and air freight benchmarking and analytics firm Xeneta; leading provider of Research & Analysis firm Sea-Intelligence ApS; Crane Worldwide Logistics, and air and freight logistics provider SEKO Logistics and Everstream Analytics. “
About GSC Logistics:
Headquartered in Oakland, California, GSC Logistics is a leading provider of high volume, full-service shipping programs, including ocean and intermodal drayage, domestic and import/export cross-dock deconsolidation, and overweight transportation, D.C. bypass programs, brokerage, and refrigerated and dry truckload services. Understanding the challenges commercial organizations face in resources, capacity, and scalability, GSC Logistics guides its clients through the complexities of supply chain and freight management logistics, helping them transform the way they do business.