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2024-09-30 17:56:15

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2024-09-30 17:56:15

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2024-09-30 17:56:04

US retailers brace for potential pain from a longshoremen’s strike
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A dockworkers’ strike is set to begin at 12:01 a.m. Eastern time on Tuesday, impacting ports on the East and Gulf coasts; Chris Butler, CEO of National Tree Company, warns that 150,000 artificial Christmas trees may not arrive in time for the holiday season; the strike could affect 45,000 members of the International Longshoremen’s Association, potentially closing 36 ports from Maine to Texas; the Biden administration is urged to intervene, but no talks are scheduled before the contract expires; the union demands higher wages and a ban on automation; a prolonged strike could raise inflation and impact small businesses; the Toy Association and National Grain and Feed Association have called for action to prevent the strike; port directors express confidence in their operations; the strike could disrupt a global supply chain already affected by geopolitical tensions.
#Longshoremen #Strike #Retail #Inflation #Shipping #Christmas #Toys #SupplyChain #Biden #Ports
https://www.wxxv25.com/us-retailers-brace-for-potential-pain-from-a-longshoremens-strike/