Even a short strike at East and Gulf Coast ports could disrupt U.S. supply chains until 2025, according to one expert.
Authorities are gearing up as a threatened strike by dockworkers at ports along the East Coast and Gulf Coast draws closer.The Port Authority of New York and New Jersey is 'coordinating with partners across the supply chain to prepare for any impacts' from a possible work stoppage by workers represented by the International Longshoremen's Association as they negotiate with the United States Maritime Alliance , a Port Authority spokesperson told CBS MoneyWatch on Friday.
The Port Authority isn't involved in the bargaining between the ILA and USMX, bur rather leases space at the ports to shipping companies. Terminal operators and ocean carriers are 'working to bring in as many ships as possible' ahead of a potential walkout, said Rooney. Those steps include 'working with truckers and the rail carriers to get as much cargo out as humanly possible, as quickly as possible,' the port director said.
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