How long will it take the supply chain to normalize after dockworkers strike?

Former Toys R Us CEO Gerald Storch joins Kabuto: Coast to Coast to discuss the 90-day interim agreement for longshoremen. Longshoremen who formed a union The government on Thursday night suspended strikes at East Coast and Gulf Coast ports until mid-January, but it will take time for affected ports to return to normal operations due […]

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 […]

JD Vance Correctly Says China Controls Solar Panel Supply Chain

CLAIM: Former President Donald Trump's running mate, Sen. J.D. Vance (R-Ohio), argued during Tuesday night's vice presidential debate that China controls most of the world's solar panel supply chain. He suggested that Verdict: True. China controls more than 80 percent Becoming the center of the global solar panel supply chain. “The real problem is, first […]

How the port strike threatens the US banana supply

Attacks on ports along the East Coast and Gulf of Mexico could threaten the supply of bananas to Americans. According to the American Farm Federation, three-quarters of the country's bananas (more than 3.8 million tons) each year pass through ports managed by the International Longshoremen's Association (ILA). In 2023, approximately 27% of U.S. banana imports […]

Port strike to burden supply chain while Hurricane Helene victims await relief

Chris Speer, president and CEO of the American Trucking Associations, said the longshoreman strike could disrupt major shipping ports on the East Coast, leading to short- and long-term macroeconomic impacts. The impact is being analyzed. An impending major port strike expected to begin late Tuesday night could have a significant impact on the provision of […]

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 […]