Everything from bananas to European wine and liquor, along with clothing, toys, household goods and European autos could be impacted.
Chris Isidore and Vanessa Yurkevich, CNNThe strike could stop the flow of a wide variety of goods over the docks of almost all the cargo ports on the East Coast and Gulf Coast.
But if those union members walk out, as is widely expected, the strike will shut down three dozen locations at 14 port authorities along the East Coast and Gulf Coast. Nearly 90% of imported cherries, 82% of hot peppers and 80% of imported chocolate all come through containers offloaded at those ports, according to the Farm Bureau. It said the situation is just as significant for beverages, with 80% of imported beer, wine, whiskey and scotch and 60% of rum arriving at East and Gulf coast ports. Spirits are the top import at the Port of New York and New Jersey, according to the authority that runs it.
"We remain prepared to bargain at any time, but both sides must come to the table if we are going to reach a deal, and there is no indication that the ILA is interested in negotiating at this time," said a statement earlier this week from the management group. Shipping rates soared during and immediately after the pandemic, as supply chains snarled and demand surged. Industry profits topped $400 billion from 2020-2023, according to analyst John McCown, which is believed to be more than the industry had previously made in total since containerization started in 1957.
"They have come to see the US as a politically unfriendly place," Tirschwell said. "The attitude of the ocean carriers has changed." The letter does not explicitly spell out the action sought, but it implies President Joe Biden should exercise powers under what is known as the Taft-Hartley Act to order a quick end to the strike, as President George W. Bush did when he halted an 11-day lockout of union members at West Coast ports in 2002.
US Maritime Association Usmx Strike Shortage 15359227
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