US ports strike: 14 major seaports from Texas to Maine shutdown, threat looms large for global economy
economictimes.indiatimes.com
U.S. ports from Maine to Texas shut down Tuesday when the union representing about 45,000 dockworkers went on strike for the first time since 1977, as per an AP report.
American consumers will notice the shortage of products if the massive strike by dockworkers at seaports lasts for a long time. Workers at ports started a strike on Tuesday from Maine to Texas, which marks a significant strike of labor in the shipping industry. The International Longshoremen’s Association has conducted this kind of action for the first time in nearly half a century.
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The result of the action would likely reflect that the ships that are carrying billions of dollars of cargo will experience severe consequences. The International Longshoremen’s Association features approximately 45,000 port workers who have conducted a strike at 14 major ports after the failure of negotiations in the United States. The strike comes after talks broke down, leaving both parties unable to reach an agreement before the September 30 deadline, according to a report in CNBC.
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