Source: Washington Post
“Tens of thousands of dockworkers launched a strike at ports along the East Coast and the Gulf of Mexico on Tuesday, stranding stacks of shipping containers on docks and idling ships outside harbors in a threat to the economy just five weeks before the election. The strike will cause immediate disruptions at ports that handle more than half of the United States’ trade in cargo containers. The effects are expected to ripple through the country, costing hundreds of millions of dollars a day or more and getting worse each day the longshoremen remain off the job. It was unclear early Tuesday what the next steps might be in resolving the dispute between the International Longshoremen’s Association (ILA) and shippers and port operators.” (10/01/24)