Dockworkers stretching all the way from the East and Gulf coasts went on strike after midnight on Tuesday, which could greatly cause an increase to inflation and cause production shortages for the start of the holiday season.
Categories: $3 trillion$45000 workersautomationBALTIMOREBob’s Discount FurnitureBOSTONBusinesscollective bargaining agreementDockworkersEast CoastECONOMYExportsgulf coastHarold Daggetthigher wagesholiday seasonhome depotHoustonHurricane HeleneIkeaILAinflationInternational Longshoremen’s Associationinternational tradeJ.P. MorganJames MeyersJay DhokiaLGMaineMiamiNew JerseyNew YorkOAN Newsroomperishable importsPhiladelphiaportsPresident Joe BidenPro3PLproduction shortagesSamsungSean O'Brienstrikesupply chainTaft-Hartley ActTeamstersTexasTodays HeadlinesunionUnited States Maritime AllianceUSMXWage hikeWalmartWest Coastwork stoppage