Ports strike would leave Walmart, Ikea, Home Depot with few import options, union warns
Publishing timestamp: 2024-09-27 16:28:06
Summary
Major companies importing products into East Coast ports are facing potential strike by ILA union members, impacting billions of dollars in trade. Efforts to divert cargo to other ports may be complicated by Hurricane Helene and solidarity with other unions. Biden administration is urging negotiations to avoid strike, but preparations are being made for potential disruptions.
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Source: https://www.cnbc.com/2024/09/27/ports-strike-union-warns-walmart-no-trade-import-options.html