The International Longshoremen's Association will likely go on strike at ports on the East Coast of the US beginning December 29, according to Global Development & Management LLC, a company that helps petfood manufacturers establish export markets.
The company says negotiations through a federal mediator are ongoing; however, the association is expected to call for a strike lasting a week to 10 days based on results from the previous port strike on the West Coast of the US. During the strike, Global Development & Management expects freight rates off the West Coast of the US will increase by US$800 to US$1,000 per container.
The mid-year meeting addressed several regulatory matters affecting petfoods
It gives more direct control to CVM in establishing and maintaining ingredient definitions
Committees discussed key proposals such as a possible shift in the oversight of animal feeds
While petfood shoppers continue to show strong brand loyalty, pet products have not been immune to the store brand swing
Read more of Dr. Mukund Parthasarathy's insights on the changing petfood retail market and how it affects petfood manufacturers large and small
Now is the time for packagers, producers, marketers and manufacturers to capitalize on the traveling with pets trend
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