​Potential Port Strike Has Retailers, Manufacturers Scrambling – Tyler Durden

Potential Port Strike Has Retailers, Manufacturers Scrambling By Noi Mahoney of FreightWaves Retailers and manufacturers are seeking to mitigate a potentially multibillion-dollar hit if members of the International Longshoremen’s Association go on strike beginning Oct. 1 at 13 of the nation’s major East Coast and Gulf Coast ports. The contract between the ILA and the United States Maritime Alliance, which negotiates on behalf of management of the ports, terminals and shipping lines, is due to expire at midnight on Sept. 30. The contract covers 25,000 workers and ports stretching from Boston to Houston, the ILA said. Billions of dollars worth…  — Continue at ZeroHedge News : Read More