News
Dockworker Contract Negotiations Risk Further Supply Chain Delays
The contract for the International Longshore and Warehouse Union, which represents over 22,000 dockworkers along the West Coast, expires at the end of June, according to a recent report from the New York Times, posing another threat to the global supply chain.
According to the report, a labor impasse could worsen the floating traffic jams that have kept dozens of ships waiting in the Pacific before they can pull up to the docks, aggravating shortages and sending already high prices for consumer goods soaring.
Click here to read the full story from the New York Times.