EconomyLens.com
No Result
View All Result
Thursday, August 7, 2025
  • Home
  • Economy
  • Business
  • Markets
  • Tech
  • Editorials
EconomyLens.com
  • Home
  • Economy
  • Business
  • Markets
  • Tech
  • Editorials
No Result
View All Result
EconomyLens.com
No Result
View All Result
Home Economy

Officials see no shortages from likely US port strike

Natalie Fisher by Natalie Fisher
September 30, 2024
in Economy
Reading Time: 4 mins read
A A
0
58
SHARES
723
VIEWS
Share on FacebookShare on Twitter

New York Governor Kathy Hochul announces preparations for disruptions for East Coast ports ahead of a potential dockworker strike. ©AFP

New York (AFP) – New York officials said on Monday they were prepared for a likely US dockworkers strike, reassuring consumers that they would not lose access to food and other essential goods. “We don’t anticipate shortages of essential goods anytime soon,” said state Governor Kathy Hochul. “People do not need to rush out to the grocery store and stockpile goods like they did during the pandemic.”

Related

Germany factory output lowest since pandemic in 2020

Swiss reel from ‘horror scenario’ after US tariff blow

US tariffs prompt Toyota profit warning

Higher US tariffs kick in for dozens of trading partners

For Argentine farmers, Milei’s free-market reforms fall short

Hochul was joined by officials of the Port Authority of New York and New Jersey, one of 14 large US ports on the East and Gulf Coasts whose workers are poised to walk off the job after midnight at the expiration of a six-year contract. The two sides have blamed each other for the impasse. The International Longshoremen’s Association (ILA), which represents the workers, said the business group United States Maritime Alliance (USMX) had refused “a fair and decent contract,” according to a statement Monday.

Shipping interests are engaging in a “disgraceful” effort “to make their billion-dollar profits at United States ports, and off the backs of American ILA longshore workers,” the ILA said. USMX has blamed the ILA, saying the union has refused to meaningfully negotiate. Last week, the group filed a complaint with US labor regulators to compel talks. The stalemate has deepened expectations for a walkout after midnight from a group of large facilities, including in Boston, Philadelphia, Savannah, New Orleans, and Houston.

“While we have encouraged both sides to reach an amicable agreement at the bargaining table, all signs are that there will be a strike,” said Port Authority Executive Director Rick Cotton. Hochul noted that pharmaceutical products will not be affected because they are typically flown in and not sent by ship. State officials are monitoring other medical supplies, but stockpiles are adequate for the foreseeable future, she said.

But Hochul cited automobiles and semiconductors as items that could be affected more quickly. She also said a lengthy strike could limit availability of fresh foods such as bananas. “The wholesale food supply is resilient here in New York,” Hochul said. “We’re not concerned at all about any shortages of foods overall, maybe individual products.”

© 2024 AFP

Tags: labor strikepublic healthshipping
Share23Tweet15Share4Pin5Send
Previous Post

Epic Games sues Google and Samsung over app store

Next Post

US Fed Chair sees ‘further disinflation’ in economy

Natalie Fisher

Natalie Fisher

Related Posts

Economy

Trump’s ‘dividend’ promise for Americans leaves open questions

August 6, 2025
Economy

Taiwan’s orchid growers dig in as US tariffs shoot up

August 6, 2025
Economy

Brazil seeks WTO relief against Trump tariffs

August 6, 2025
Economy

Swiss president hopes Washington talks avert surprise tariff

August 6, 2025
Economy

German factory orders fall amid tariff, growth woes

August 6, 2025
Economy

Natural disasters caused $135 bn in economic losses in first half of 2025: Swiss Re

August 6, 2025
Next Post

US Fed Chair sees 'further disinflation' in economy

China stocks soar on stimulus as US indices end Q3 at records

Qatar Airways seeking 25% stake in Virgin Australia

US port officials gird for strike despite last-minute bargaining

0 0 votes
Article Rating
Subscribe
Notify of
guest
guest
0 Comments
Oldest
Newest Most Voted
Inline Feedbacks
View all comments
  • Trending
  • Comments
  • Latest

New York ruling deals Trump business a major blow

September 30, 2024

Elon Musk’s X fights Australian watchdog over church stabbing posts

April 21, 2024

Women journalists bear the brunt of cyberbullying

April 22, 2024

France probes TotalEnergies over 2021 Mozambique attack

May 6, 2024

New York ruling deals Trump business a major blow

75

Ghanaian finance ministry warns against fallout from anti-LGBTQ law

74

Shady bleaching jabs fuel health fears, scams in W. Africa

71

Stock markets waver, oil prices edge up

65

China says trade jumped in July, beating forecasts

August 6, 2025

Higher US tariffs take effect on dozens of economies

August 6, 2025

Sony hikes profit forecasts after strong quarter for games

August 6, 2025

Mexican authorities accuse Adidas of cultural appropriation

August 6, 2025
EconomyLens Logo

We bring the world economy to you. Get the latest news and insights on the global economy, from trade and finance to technology and innovation.

Pages

  • Home
  • About Us
  • Privacy Policy
  • Contact Us

Categories

  • Business
  • Economy
  • Markets
  • Tech
  • Editorials

Network

  • Coolinarco.com
  • CasualSelf.com
  • Fit.CasualSelf.com
  • Sport.CasualSelf.com
  • SportBeep.com
  • MachinaSphere.com
  • MagnifyPost.com
  • TodayAiNews.com
  • VideosArena.com
© 2025 EconomyLens.com - Top economic news from around the world.
No Result
View All Result
  • Home
  • Economy
  • Business
  • Markets
  • Tech
  • Editorials

© 2024 EconomyLens.com - Top economic news from around the world.