A dockworkers strike that froze operations at East Coast and Gulf Coast ports for 2½ days was paused on Oct. 3. The Conversation U.S. asked Anna Nagurney, a scholar of supply chains, to assess the extent of disruptions that likely occurred and how the swift return of 45,000 workers who had been on strike may stave off further problems down the road.
Talks over other contested conditions, including the adoption of more automation, will continue until then.
President Joe Biden applauded both sides. He thanked the union and management “for acting patriotically to reopen our ports and ensure the availability of critical supplies for Hurricane Helene recovery and rebuilding.”
Imports include vast quantities of bananas and other fresh produce, coffee, pharmaceuticals, liquor, toys, apparel, furniture, machinery and vehicles. Exports include meats, commodities, machinery, chemicals, vehicles and vehicle parts.
It may take two to three weeks to relieve this logjam. Prices for some products, including coffee, were already rising before the negotiators reached their breakthrough.
A dockworkers strike that froze operations at East Coast and Gulf Coast ports for 2½ days was paused on Oct. 3. The Conversation U.S. asked Anna Nagurney, a scholar of supply chains, to assess the extent of disruptions that likely occurred and how the swift return of 45,000 workers who had been on strike may stave off further problems down the road.
A source says billionaire Elon Musk’s social media site X has complied with Brazilian Supreme Court Justice Alexandre de Moraes’ orders, and requested its service be reestablished in the country