Reported 13 days ago
The International Longshoremen's Union is poised to strike next week, raising concerns about severe supply chain disruptions if the strike extends beyond a few days. Expert Ryan Petersen warns that prolonged action could lead to a backlog of cargo, significantly affecting shipping capacities and prices, potentially worse than disruptions seen during the pandemic. The ongoing tensions between the union's goals and employers' interest in automation complicate the situation, putting more pressure on U.S. ports already facing capacity issues.
Source: YAHOO