The strike, which started early Tuesday, is expected to halt activity at busy ports from Maine to Texas, significantly affecting supply chains across the nation.
Economists estimate the strike could cost the U.S. economy up to $7.5 billion weekly, with delivery delays impacting manufacturers and furloughing workers connected to the ports.
Oxford Economics analysts predict that even after the strike concludes, it will take a month to resolve the backlog for each week the strike lasts.
With the transportation and warehousing sectors taking the hardest hit initially, around 100,000 workers could face furloughs or reduced hours during the strike.
Collection
[
|
...
]