From the Editor's Desk A strike by dockworkers across the U.S. threatens to close ports on the East and Gulf coasts and seriously impact thousands, if not millions, of business supply chains, causing retailers to brace for potential shortages of some products and disappointed customers. This kind of disruption is the goal of strikes, of course, but the longshoremen's major demand, beyond higher wages, is quite startling. As the New York Post put it, the workers' union is demanding a "total ban on automation," and is holding the industry hostage for what analysis firm J.P. Morgan estimates as a $5 billion a day impact to the economy. |
Sunday 1st December 2024
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