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The good news is that many of Costco's imports that might be affected by the strike are non-food items, which gives the retailer more flexibility in how it manages these disruptions. Christmas ...
A dockworkers strike at ports across the country could pose delays to the U.S. supply chain, experts say. The strike — which has shut down 14 ports along the East and Gulf coasts on Tuesday, Oct ...
ELIZABETH, N.J. – Tens of thousands of dockworkers went on strike from Texas to Maine on Tuesday to demand higher wages and a ban on all automation at ports in a move that could snarl supply ...
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.
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.
A labour strike is a work stoppage caused by the mass refusal of employees to work. This can include wildcat strikes, which are done without union authorisation, and slowdown strikes, where workers reduce their productivity while still carrying out minimal working duties. It is usually a response to employee grievances, such as low pay or poor ...
Before the strike, Johnnie Dixon, president of the Fort Lauderdale chapter of the ILA, told CBS News Miami that the union's demands are justified given the soaring prices consumers have faced ...
The first phase of the strike lasted until October 4, when President Nixon set up a Taft-Hartley Board of Inquiry. When the International Longshoremen's Association (ILA) went on strike for four days, it was decided that Taft-Hartley must be invoked in order to avoid further damage to the economy. Ports reopened and the 80-day 'cooling-off ...