The US could see shortages and higher retail prices if a dockworkers strike drags on
Yet on top of the cost of storing goods for longer, retailers will have a hard time replenishing their inventory should the strike drag on, and as Gold pointed out, carriers are already announcing surcharges on shipped containers due to potential disruptions.
Gene Seroka, executive director of the Port of Los Angeles, says there shouldn’t be any immediate impacts on the west coast.
If the longshoremen strike continues, it is more likely to effect the manufacturing side of the U.S. economy, not the retail ...
Approximately 50,000 ILA union longshoremen were walking off the job at East Coast and Gulf Coast ports starting at 12:01 a.m ...
Long lines of container ships queued up outside major U.S. ports on Thursday as the biggest dockworker strike in nearly half ...
Port workers along the East Coast stretching from Maine to Texas have been on strike for almost 48 hours. And everyday that ...
About a hundred striking longshoremen marched by a terminal in the port of Baltimore. Some carried signs that read: “machines ...
Some manufacturers and retailers are urging President Joe Biden to invoke a 1947 law as a way to suspend a strike by 45,000 ...
Key Takeaways International Longshoremen’s Association members walked out on 14 ports from New England to Texas this week, ...
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