Busiest port on East Coast winds down operations ahead of looming strike

The Port of New York and New Jersey is bracing for a potential work stoppage by unionized dockworkers, which could trigger a significant supply chain crisis similar to the disruptions experienced during the COVID pandemic.

The International Longshoremen’s Association, representing 85,000 workers at 36 ports, threatens to strike if a new contract isn’t reached by the September 30 deadline.

Port operations are being adjusted to prevent cargo backlogs, with some ocean carriers planning to embargo export shipments.

A strike could severely impact the economy, as the East and Gulf Coasts handle nearly half of U.S. imports. Delays are expected, with experts estimating a backlog of four to six days for every day of a strike, the New York Post has reported.

read more: https://nypost.com/2024/09/20/business/port-of-new-york-and-new-jersey-winding-down-operations-ahead-of-looming-strike/

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