"Some 45,000 dockworkers at every major eastern and Gulf coast port are threatening to strike Oct. 1. With talks at a stalemate since June, industry officials now believe a strike is inevitable."
"A weeklong strike could cost the economy as much as $7.5 billion, according to one estimate. Millions of boxes of specialized cargo like bananas, plywood and autos could be hit..."
"The union is demanding a near-80% raise over six years, arguing workers deserve a share of profits won by foreign-owned container carriers during the pandemic."
"If a strike does proceed, the flow of consumer goods, components for factories and certain vehicles would seize up, disrupting auto supply chains and other manufacturing networks in election battleground states."
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