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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.
The port strike could primarily impact non-essential holiday items at Costco, especially those that are imported through the East and Gulf Coast ports now affected by the strike. Products like ...
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.
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.
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 next day, October 9, increasing wind shear began to affect Milton, and the storm fell below Category 5 intensity early that morning. [30] The eye of the hurricane became cloud-filled and increasingly ill-defined while the convection became more ragged-looking as strong southwesterly wind shear of 35–40 mph (56–65 km/h) overtook the ...
The ILA members' strike, which consisted of over 47,000 port workers across the Atlantic and Gulf coasts, including 4,500 from New York and New Jersey, began on Tuesday, Oct. 1, as the union ...
Those three companies account for nearly 125,000 of the standard shipping containers that have come through affected ports in the past year. Port strike hits billions in trade for importers like ...