Reported 12 months ago
The duration of the International Longshoremen’s Association (ILA) strike is in question, with predictions ranging around one week. While the Biden administration believes supply chains can endure a short strike, retailers like Walmart prepare for longer disruptions. The automotive sector, heavily reliant on port operations, could face complications quickly, especially since over 70% of certain parts are affected. Overall, the strike jeopardizes various supply chains, particularly in agriculture, with significant vulnerabilities highlighted by insurance experts regarding perishable goods.
Source: YAHOO