45,000 longshoremen threaten to strike, potentially shutting down major US ports and disrupting supply chains.

US retailers are on alert as 45,000 longshoremen threaten to strike starting Tuesday, potentially shutting down 36 major ports that handle about half of the nation's imports and exports. This could disrupt supply chains, delay shipments, and drive up costs, particularly affecting the holiday shopping season. The longshoremen's union is demanding higher wages and a ban on automation. The Biden administration is cautious about intervening in the labor dispute.

September 29, 2024
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