Tag: port
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Consumers aren’t likely to see major shortages from port strike in the near-term
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. Furniture and other manufactured goods, especially machinery like farm equipment, vehicles and auto parts, could also be disrupted, the lobbying group said. Most…
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Port strikes put Democrats in a bind just weeks ahead of Election Day
WASHINGTON — A dockworkers strike threatens to harm shipping, manufacturing, pre-holiday retail inventories — and Vice President Kamala Harris’ bid for the presidency. The International Longshoreman’s Association went on strike at 14 ports along the Atlantic Ocean and Gulf of Mexico Tuesday at midnight, just hours before Harris’ running mate, Minnesota Gov. Tim Walz, squares…
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U.S. port strike could have huge impact on global supply chain
A massive dockworker strike at seaports on the U.S. East and Gulf coasts is expected to wreak havoc on global supply chains and the economy, with American consumers likely to notice shortages of popular products if the work stoppage lasts for a long time. Workers at ports stretching from Maine to Texas went on strike early Tuesday…