The stoppage is the first coast-wide ILA strike since 1977 and halts the flow of about half the nation's ocean shipping, causing potential long-term impacts.
Costco Wholesale has indicated that the strike may exacerbate disruptions, leading to its decision to impose a port disruption surcharge, impacting cargo costs significantly.
Jay Timmons, CEO of the National Association of Manufacturers, emphasized that a strike would create chaos in manufacturing supply chains, affecting billions of dollars in goods.
Ronnie Robinson from Designer Brands noted they have shifted imports from the East to the West Coast to avoid delays, showing the ripple effects of the strike.
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