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The ports affected by the strike handle 3.8 million metric tons of bananas each year, or 75% of the nation’s supply, according to the American Farm Bureau Federation.
A port workers' strike from Maine to Texas could deliver a major hit to the US economy. ... take a big hit because they tend to move through the affected ports, where some 45,000 workers are ...
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.
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.
Overall, the affected ports handle $3 trillion in international trade per year, according to CNBC. Walmart, Ikea, and Samsung are the companies hit hardest across all affected ports, per ...
The 36 ports will be affected across the East Coast from Maine to Texas, including the Port of South Carolina in Charleston. ... Port workers go on strike including Charleston.
Even a short strike at East and Gulf Coast ports could disrupt U.S. supply chains until 2025, according to one expert. ... a strike would affect ports from Maine to Texas. A stoppage could involve ...
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 ...