A JPMorgan analysis projected that a strike could cost the U.S. economy $5 billion US daily, impacting 36 ports that handle about half of U.S. ocean imports.
The strike could affect the availability of goods shipped via container, from bananas to clothing to cars, while creating weeks-long backlogs at ports.
Longshoremen, also referred to as stevedores, handle cargo from incoming ships, mostly working on container ships while operating cranes that secure cargo.
A potential strike at all East Coast and Gulf of Mexico ports would be the first for the ILA since 1977, signaling significant labor tensions.
Collection
[
|
...
]