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The strike is the first such work stoppage in 47 years, and is already causing congestion in maritime routes near Savannah, Ga., due to Hurricane Helene’s impact, CNBC reported.
What products will be affected by the port strike. More than 75% of U.S. bananas arrive at ports handled by the International Longshoremen's Association, or ILA, according to the farm bureau ...
Cranes stand over shipping containers at the Port of Newark on March 26, 2024 as seen from Bayonne, New Jersey. Supply chains at ports up and down the East Coast are expected to be affected after ...
The Anderson Economic Group estimated that the U.S. economy would lose $2.1 billion from a one-week strike, $1.5 billion due to the loss in value or degradation of items such as perishable goods, $400 million for transportation company losses, and $200 million in lost wages for the striking port workers.
Nearly 50,000 members of the International Longshoremen’s Association (ILA) are on strike Tuesday against the nation’s East and Gulf Coast ports, choking off the flow of many of America’s ...
The Port Authority of New York and New Jersey lost between $250-300 million dollars a day during the strike by members of the International Longshoremen’s Association, said Bethann Rooney, the ...
The ports affected by the strike handle more than 68% of all containerized exports in the U.S. and roughly 56% of containerized imports, according to industry data.
Where are dockworkers striking? Mapping the major East Coast, Gulf ports. The work stoppage, the union's first since 1977, threatened to ripple through the U.S. just as economists were breathing a ...