Reported 6 days ago
The ongoing dockworkers' strike at East and Gulf Coast ports is severely impacting the flow of consumer goods, as noted by Stamatis Tsantanis, CEO of Seanergy Maritime and United Maritime. He highlighted that this strike, coupled with other disruptions, is exacerbating challenges in the US supply chain, leading to estimated losses of up to $7.5 billion per week. The situation is detrimental to the economy, and while workers leverage this moment for negotiations, resolutions seem distant.
Source: YAHOO