Tag: midnight
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East and Gulf Coast ports are headed for a major strike at midnight
Tens of thousands of longshoremen are likely to go on strike at the stroke of midnight, shutting down major ports along the East and Gulf Coasts and choking off deliveries of everything from produce to auto parts. Consumers aren’t likely to feel the pinch unless a walkout lasts for multiple weeks, after businesses and logistics…
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With ports strike imminent on East Coast, Gulf, truckers, rails are scrambling to move billions in cargo before midnight shutdown
With a potential strike at ports up and down the East Coast and along the Gulf Coast set to begin after midnight Monday, logistics executives tell CNBC the remaining hours are critical in moving out as much trade as possible before a shutdown that will do serious damage to the functioning of the U.S. economy. Based on data from…