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Just how much American consumers and the U.S. economy will be impacted by the strike's immediate disruption of ports that handle about half of the country's trade in cargo containers depends on ...
That means America could see some shortages of chocolate, alcohol, popular fruit, including bananas and cherries, and even certain cars if the strike lasts a long time. That could mean higher ...
A dockworkers strike at ports across the country could pose delays to the U.S. supply chain, experts say. The strike — which has shut down 14 ports along the East and Gulf coasts on Tuesday, Oct ...
The ports affected by the strike handle 3.8 million metric tons of bananas each year, or 75% of the nation’s supply, according to the American Farm Bureau Federation.
The ILA members' strike, which consisted of over 47,000 port workers across the Atlantic and Gulf coasts, including 4,500 from New York and New Jersey, began on Tuesday, Oct. 1, as the union ...
According to Goldman Sachs, the 14 largest ports affected by the strike handle about 25% of US goods imports, and a 10-day strike would result in a 0.2 percentage point reduction in fourth quarter ...
The AFBF said feedstocks that go into other food products, including soybeans, cocoa beans and sugar cane, could also be affected, but consumers aren’t likely to feel a hit from these immediately.
How The Port Strike Will Affect Food Prices Matthew Horwood - Getty Images On Tuesday, nearly 50,000 port workers across the East Cost and Gulf Coast, from Maine to Texas, walked out on the job ...