US port strike: GM, Walmart, LG top importers at impacted ports
John Cassimitidis, chairman and CEO of United Refining Company and Red Apple Group, discusses Mr. Biden's non-intervention in the port strike and how it fuels inflation. , explain what will increase the price of food and oil. An ongoing longshore union strike has shut down several ports on the U.S. East Coast and Gulf Coast […]
Port strike: distilled spirits exports and imports at risk says trade group
John Cassimitidis, chairman and CEO of United Refining Company and Red Apple Group, discusses Mr. Biden's non-intervention in the port strike and how it fuels inflation. , explain what will increase the price of food and oil. The industry group said the spirits industry and its consumers were facing the effects of the longshoremen's strike […]
Biden backs dockworkers in labor strike, urges ‘fair contract’
President Biden on Tuesday night stood by longshoremen's unions and pressed U.S. port employers to offer them “fair contracts” ahead of the second day of a historic port strike. About 45,000 members of the International Longshoremen's Association walked off the job Tuesday and picketed at ports stretching from Maine to Texas, fighting for new contracts […]
Coffee containers pile up at US ports as dockworkers strike
The unloading of hundreds of containers of imported coffee beans at East Coast ports has been halted due to a strike by dockers, exacerbating the supply crunch in the biggest coffee-drinking nation. Delays in the delivery of imported coffee to U.S. roasters and coffee chains have pushed up bean prices, which hit multi-year highs last […]
Fmr Labor Sec Warns Port Strike Could Cause ‘Extraordinary Consequences’ For Economy, May Lead To Court Action
Former Trump administration U.S. Labor Secretary Eugene Scalia said Wednesday on Fox News that the current port strike could have “extraordinary consequences” for the economy and that President Joe Biden may seek a court injunction. I warned you that there is. The International Longshoremen's Association (ILA) staged a strike early Tuesday, affecting 14 major ports […]
Biden says he would not back Israeli strike on Iran’s nuclear sites
President Biden on Wednesday said he would not support an Israeli attack on Iran's nuclear facilities in retaliation for Iran's firing of 181 missiles at Israel amid concerns that a deadly regional war is on the horizon. said. On Wednesday, a day after the massive attack, Biden spoke briefly with reporters before boarding Air Force […]
Port strike disrupts hamburger supplies, frozen seafood
Traders and industry officials say striking longshoremen at East Coast and Gulf Coast ports are fighting for beef, which restaurants and retailers are increasingly relying on to make hamburgers because of limited domestic supplies. It is said to be blocking imports. Labor strikes have prevented the loading and unloading of everything from car shipments to […]
Port strike leads to panic-buying, but experts say there's no need
A major port strike on the East Coast and Gulf Coast could threaten Americans' banana supplies, but it's unlikely to directly cause a toilet paper shortage, but that won't stop consumers from panic-buying. Thousands of members of the International Longshoremen's Association (ILA) have stopped working, demanding big pay increases and protection from automation after the […]
Economist warns of 'bad news for consumers' amid looming port strike
Economist Stephen Moore discusses whether the looming port strike is inflationary and Trump vowing to cut energy prices in half. source
Union boss Harold Daggett rages against E-ZPass for costing union jobs in video weeks before strike shut down ports
Harold Daggett, the union boss who shut down 14 U.S. shipping ports, went on a rant about technology weeks before longshoremen went on strike on Tuesday, even targeting E-ZPass. According to a report, the president of the International Longshoremen's Association blames the loss of toll booth workers as the move to EZ Pass allows drivers […]