Major U.S. freight railroad operators have warned that they are preparing for a possible strike and halting some services, creating network slowdowns. In the meantime, Labor Secretary Marty Walsh is continuing to lead discussions between railroads and union representatives.
This looming strike could disrupt the U.S. supply chain and drive transportation costs even higher. The responsibility would fall on the trucking industry, and this industry is already struggling to attract and retain drivers. The association estimated that it would take around 467,000 long-haul trucks, daily, to haul what the railroads do. “There simply aren’t enough trucks or truck drivers to handle that kind of volume”. Shipments of coal, chemicals, grain, auto parts and automobiles rely heavily on rail shipments. If the strike does happen, the big question will be for how long?
Peruvian imports of asparagus through South Florida ports of entry 2022 CROP are expected to remain about the same this week but increase slightly next week. Trading jumbo and extra-large active, others fairly active. Prices small slightly higher, others higher. 11-pound cartons bunched green jumbo mostly 25.95-26.75, extra-large mostly 22.75-24.75 and large mostly 21.95-23.75. Supplies jumbo and extra-large light, others fairly light. Quality and condition variable but generally good. The asparagus market remains good in demand due to shorter than expected supplies from Mexico.
Movement of avocado crossings from Mexico through Texas is expected to remain about the same. Trading fairly slow. Prices 60s and 70s lower, others generally unchanged. Cartons 2-layer Hass 32s mostly 28.25-30.25, 36s mostly 27.25- 29.25, 40-48s range between 27.25-30.25. Extra services included.
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Source: mymarketnews.ams.usda.gov