Port of Los Angeles executive director Gene Seroka discusses the key issues of the impending ports strike on 'Cavuto: Coast to Coast.'
Three dozen ports along the East and Gulf coasts are facing a potential work stoppage as the deadline for a new contract between port employers and dockworkers edges closer.
Tens of thousands of dockworkers represented by the International Longshoremen’s Association could walk off the job and begin striking as soon as Tuesday if the union and the U.S. Maritime Alliance do not reach an agreement.
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FOX Business takes a closer look at three major East Coast ports that would be affected by a work stoppage.
Automobiles wait to be loaded onto ships at the Port Newark-Elizabeth Marine Terminal on July 23, 2023 in Newark, New Jersey. (Photo by Gary Hershorn/Getty Images)
The Port of New York and New Jersey is the largest on the East Coast and third largest in the nation based on cargo volume. It has a total of six terminals through which various types of goods move.
More than 7.8 million 20-foot equivalent units (TEUs) of cargo went through the Port of New York and New Jersey last year. It moved about $271 billion worth of goods in 2022, according to a port fact sheet.
Some of the top imported commodities it handles include furniture, appliances, plastics, beverages, spirits and vinegar, and electric machinery and parts, according to a fact sheet. It also helps facilitate the exportation of large volumes of vehicles and parts; wood and wood pulp; plastics and other goods.
Shipping containers and cranes at the Port of Savannah in Savannah, Georgia, on Sept. 9, 2023. (Elijah Nouvelage/Bloomberg via Getty Images / Getty
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