Port strike will create supply chain havoc, hitting farmers hard
Rep. Jeff Van Drew (R.N.J.) said on the “Evening Edit” that the possibility of port strikes across the United States could really “exacerbate” supply chain problems. A strike by longshoremen from Texas to Maine will reportedly hit American farmers hard, already facing a downward economic spiral. “We don't need another blow right now, and this […]
Longshoremen union’s demand for total ban on automation questioned as port strike looms: ‘From Maine to Texas’
As thousands of dockworkers prepare to strike if no deal is reached by Monday, one company leader is questioning union demands for a total ban on automation. The International Longshoremen's Association (ILA) said Sunday that its 85,000 members and “tens of thousands of longshoremen and maritime workers around the world” were on picket lines on […]
Port strike: Longshoremen union’s demand for total ban on automation questioned
Rep. Jeff Van Drew (R.N.J.) said on the “Evening Edit” that the possibility of port strikes across the United States could really “exacerbate” supply chain problems. As thousands of dockworkers prepare to strike if no deal is reached by Monday, one company leader is questioning union demands for a total ban on automation. The International […]
Experts warn of empty shelves, rising prices if port workers strike
Longshoremen on the East Coast and Gulf Coast have vowed to go on strike if a new contract is not reached by October, and experts say soaring prices and empty shelves could await consumers. I'm warning you that there is. In fact, some experts say prices could rise before the end of the year, impacting […]
Port employers meet with Biden admin as potential strike looms next week
David Tawil, president of Prochain Capital, talks about Disney layoffs, the looming port strike, and which products and stocks are the best places to invest your money. of white house Authorities confirmed Friday that they have met with groups representing port employers as strikes could begin within days at ports on the East Coast and […]
Looming port strikes: What to know
Fruit and vegetable importer Peter Kopke Sr. discusses the impact of the impending port strike on 'The Bottom Line'. In less than a week, Longshoremen at East Coast and Gulf Coast ports They promised to go on strike unless a new contract was reached. A work stoppage could cause serious disruption to the U.S. economy […]
Port employers file complaint against union to resume negotiations as strike looms
Fruit and vegetable importer Peter Kopke Sr. discusses the impact of the impending port strike on 'The Bottom Line'. employer of East Port and Bay Port filed an unfair labor practice complaint Thursday against the longshoremen's union, accusing it of refusing to negotiate ahead of a threatened strike on Oct. 1. The United States Maritime […]
What kinds of product shipments would be disrupted by port strike?
Eric Hoplin, CEO of the National Wholesalers & Distributors Association, talks about the possibility of a port strike on Mornings with Maria. A strike by some 45,000 union members is looming Dockworker Major flooding could begin next week on the East Coast and Gulf Coast, disrupting shipments of a variety of products as the presidential […]
Potential port strikes send ripple effects through supply chain, threaten inflation
Lydia Hu reports on “Mornings with Maria” about a possible port strike ahead of the holidays. The threat of port strikes on the East Coast and Gulf of Mexico is sending shockwaves through supply chains and raising concerns about rising inflation. “Goods shipped across the country will not only be delayed, but will also be […]
Port of New York and New Jersey winding down operations ahead of looming strike
The Port of New York and New Jersey is preparing for an all-out strike by unionized dockworkers on the East and Gulf Coasts, which handle nearly half of the nation's ocean cargo, potentially triggering a supply chain crisis that has upended the economy in the wake of the COVID pandemic. The International Longshoremen's Association union, […]