A possible port strike in the U.S. could have a major impact on the global supply chain and cost the U.S. economy billions of dollars. The strike could impact a total of 36 ports along the East Coast and the Gulf of Mexico if a deal isn’t reached by Oct. 1.
Up to 45,000 dock workers represented by the International Longshoremen’s Association demanded a 77% raise over six years. They’re also asking for protections against automation. Union workers currently earn a base pay of $39 an hour, or just over $81,000 a year.
Download the Straight Arrow app today to get the stories that matter free from manipulation, bias or agenda.™
Point phone camera here
The workers and port bosses involved in the dispute have not met to negotiate since June and they have not scheduled further contract talks.
Experts say the U.S. economy could take a $3.7 billion hit per day. Between 43% and 49% of all U.S. imports are also at stake.
President Joe Biden has said he will not invoke a national law to prevent the workers from going on strike.
Some retailers are already planning in advance to redirect freight through the West Coast.
