Search results
Results From The WOW.Com Content Network
According to Munch, more than 85% of the island's food comes from the mainland U.S., and 90% of the shipments pass through strike-impacted ports. Imported beverages also at risk from dock strike
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 ...
Raw materials used by US food producers, such as cocoa and sugar, make up a large portion of the affected imports as well. And many non-perishable goods, such as furniture and appliances, are ...
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 ...
Businesses have been nervously watching the 12:01 am Tuesday strike deadline approaching with little sign of progress toward a deal to avoid a strike of tens of thousands longshore workers.
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.
He added that shipments of food and automobiles could take a big hit because they tend to move through the affected ports, where some 45,000 workers are striking for better wages, among other demands.
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 ...