The International Longshoremen’s Association’s contract expires Sept. 30, and Eastern and Gulf Coast ports are bracing for a strike starting the next day.
An aerial view of the Port of Philadelphia's Packer Avenue Marine Terminal in Philadelphia. East Coast dockworkers are threatening to strike on Sept. 30.. A prolonged work stoppage could inject new uncertainty into the economy weeks before the November presidential election, even as inflation has stabilized and thePorts in Philadelphia and elsewhere are preparing for the potential fallout.
The Maritime Alliance filed an unfair labor practice this week with the National Labor Relations Board, asking the federal agency to order the union back to the negotiating table. A coalition of manufacturers, farmers, wholesalers, retailers, restaurants, distributors, and other businesses has, warning that a strike “would have a devastating impact on the economy, especially as inflation is on the downward trend.”The Port of Philadelphia is a relatively small player among U.S.
Consumers are unlikely to see significant shortages, as retailers have tried to mitigate the impact of a possible strike “by bringing in products earlier or shifting products to the West Coast,” Jonathan Gold, vice president of supply chain and customs policy at the National Retail Federation, In Philadelphia, Holt said a lot of refrigerated cargoes are in storage already. “I think you might see some shortages, but it’ll be fine,” he said.
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