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Even a short strike at East and Gulf Coast ports could disrupt U.S. supply chains until 2025, according to one expert.
Roughly 25,000 dockworkers went on strike this week at ports along the East and Gulf Coasts of the U.S. to rally for higher pay and stronger guardrails around their jobs being automated out of ...
It is the first strike since 1977 for the International Longshoremen’s Assn., whose 47,000 members handle cargo operations at three dozen ports on the East and Gulf coasts that together receive ...
The research group further predicted that the losses per day would accelerate the longer the strike went on. [10] J.P. Morgan estimated a higher $3.8 billion to $4.5 billion loss per day for the economy for the length of the strike, with some losses recovered following the strike's end. [6]
The walkout represents the first East Coast dock strike since 1977. ... A strike would reduce U.S. economic activity by between $4.5 billion and $7.5 billion for every week it continues, according ...
The union representing 45,000 striking U.S. dockworkers at East and Gulf coast ports reached a deal Thursday to suspend a three-day strike until Jan. 15 to provide time to negotiate a new contract.
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