The strike at East and Gulf Coast ports is unlikely to trigger major economic disruption. Many retailers have made plans in anticipation of the strike and our sense is that, this close to the election and despite recent denials, President Biden would have little choice but to step in and invoke back-to-work legislation if the sides fail to reach an agreement.
As the strike by US dockworkers is now underway, we are re-sending this Update from last week about the potential economic effects. As events unfold, clients can keep up-to-date with the scale of the disruption using our Shipping Disruption Dashboard.
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