HHS expecting 'limited' impact on drug supply chain from port strike
The Department of Health and Human Services (HHS) does not anticipate a significant impact on the availability of health care products from the port strike that began this week, with the current assessment predicting a “limited” impact. Members of the International Longshoremen's Association (ILA) went on strike on Tuesday after negotiations with the United States […]
Will the dockworkers’ strike cause higher food prices? Experts weigh in
Longshoremen unions on the East Coast and Mexico's Gulf Coast began a strike Monday that will affect the flow of goods through ports that handle about half of seaborne trade to the United States and could impact food prices. be. The ports affected by the International Longshoremen's Association strike are important hubs for food imports […]
Port strike and cruise lines: Will operations be disrupted?
Carnival CEO Josh Weinstein talks about Caribbean hurricane season on “Craman Countdown.” The state of cruise operations came into focus Tuesday after unionized longshoremen stormed picket lines at ports along the East and Gulf Coasts. Cargo traffic has been disrupted at many major ports since the International Longshoremen's Association (ILA) strike began, but the union […]
Port strike could impact oil and gas industry, experts say
Tim Ryan, owner of Square 1 Farmers, and his son, Tim Ryan Jr., vice president of sales, discuss their company's preparations for supply chain issues ahead of the port strike and discuss the impact on businesses and consumers. Let's discuss. The longshoremen's union strike that began early Tuesday and affected dozens of U.S. ports is […]
Five things to know about the port strike
Longshoremen and longshoremen at East Coast ports are currently striking in a major labor action with real implications for the U.S. and international economy. Thousands of members of the International Longshoremen's Association (ILA) stopped working on Tuesday, demanding huge pay increases and cuts from automation after the shipping companies that employ them have posted record […]
Israel Reportedly Warned Iran It Would Strike Nuclear Sites If It Was Attacked, Officials Say
The Wall Street Journal reported on Tuesday that Israel has threatened to attack Iranian nuclear and oil facilities if Iran decides to launch an attack. Iran fired hundreds of missiles into Israeli territory on Tuesday, seen as a major escalation in the already disputed region. Tehran notified Arab authorities on Monday night of the attack […]
We Will Strike Back at Iran ‘in the Place and Time We Determine’
The Israel Defense Forces (IDF) announced on Tuesday night local time that it would respond to Iranian missile attacks “at a location and time determined by us.” Israeli Defense Forces spokesman Maj. Gen. Daniel Hagari addressed the nation immediately after the Iranian attack, the second time since April. Iran launched 400 missiles, but almost all […]
Trump downplays troop injuries in 2020 missile strike: ‘You mean because they had a headache?'
Former President Trump on Tuesday denied injuries sustained to U.S. troops in a 2020 Iranian missile attack on an Iraqi base, claiming he has been tougher on Tehran than the Biden administration. President Trump responded to questions from reporters in Milwaukee during the campaign, and a journalist said that after Iran fired a missile at […]
Will the dockworkers strike cause higher food prices?
Tim Ryan, owner of Square 1 Farmers, and his son, Tim Ryan Jr., vice president of sales, explained their company's preparations for supply chain issues ahead of the port strike and provided guidance to businesses and consumers. Discuss the impact. Longshoremen who formed a union Strikes at East Coast and Gulf Coast ports began Monday, […]
Port strike to rock economy, Main Street
SMBC Chief Economist Joe LaBonna spoke on “The Big Money Show” about the impact of extended port closures. More than 45,000 longshoremen are on strike across the East Coast. The International Longshoremen's Association (ILA) and the United States Maritime Alliance (USMX), which represents port employers, are at an impasse in negotiations over the union's demands […]