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The strike — which has shut down 14 ports along the East and Gulf coasts on Tuesday, Oct. 1 — comes after labor talks between the International Longshoremen’s Association (ILA) and the ...
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 ...
Longshoremen are on strike, shutting down East, Gulf ports. Economic losses of $5 billion per day can mean shortages, inflation and layoffs.
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 ...
Dockworkers at ports from Maine to Texas began walking picket lines early Tuesday in a strike over wages and automation that could reignite inflation and cause shortages of goods if it goes on ...
A port strike would impact vehicle imports, auto parts, machinery, fabricated steel and precision instruments. The Port of Baltimore, Maryland leads the nation in car shipments.
A massive dockworker strike at seaports on the U.S. Members of the International Longshoremen's Association union strike outside Maher Terminal in Elizabeth, N.J., on Oct. 1, 2024.