A major strike involving approximately 45,000 port workers across 36 US ports from Maine to Texas is threatening to disrupt the nation’s supply chain. The workers, affiliated with the International Dockworkers Association (ILA), are demanding a 77% wage increase, with their average salary rising from $81,120 to $143,520 over six years. Additionally, they are calling for a ban on automation in port operations.
Experts warn the strike could cost the US economy $3.8 to $4.5 billion per day and impact consumer prices. Perishable goods like bananas and avocados will be affected first, and if the strike continues, a wide range of products such as toys, electronics, and car parts could face shortages during the upcoming winter holiday season. Key ports such as New York, Houston, and Savannah handle a significant portion of US container shipments and could be severely impacted.
The strike poses a significant threat to the US economy, especially as it risks delaying shipments during the peak shopping period and could result in shortages and price hikes across multiple sectors.