Reported 5 days ago
A strike by portworkers has halted the unloading of coffee containers along the US East Coast, worsening supply issues in the largest coffee-consuming nation. This disruption is expected to raise coffee prices further, which have recently hit multi-year highs due to reduced imports. With containers stuck at ports, companies may face additional fees, and some sellers are refraining from making deals as they await resolution of the labor conflict.
Source: YAHOO