Reported 7 days ago
New York Governor Kathy Hochul has announced that a strike by dockworkers is anticipated to commence on Tuesday, disrupting operations at major ports including New York-New Jersey. The International Longshoremen’s Association has expressed frustration over stalled contract negotiations, with potential daily economic impacts estimated between $3.8 billion and $4.5 billion. Governor Hochul emphasized that while current supplies are sufficient, supply chain disruptions could arise, affecting critical goods. Automakers are preparing for potential delays, and retailers are urging both parties to negotiate to avoid prolonging the strike's impact on consumers.
Source: YAHOO