Skip to main content

"The Biggest Wild Card In The Presidential Election": Just Days Left Until A Crippling Port Strike Paralyzes The East Coast

 The looming port strike that could shut down all East and Gulf Coast ports just 36 days before the election.” With just over a week to go until D-Day, authorities are gearing up as a threatened strike by dockworkers at ports along the East Coast and Gulf Coast draws closer.

Late last week, the CEO of Flexport - one of largest US supply-chain logistics operators - warned that "the biggest wild card in the presidential election that nobody’s talking about?

The Port Authority of New York and New Jersey is "coordinating with partners across the supply chain to prepare for any impacts" from a possible work stoppage by workers represented by the International Longshoremen's Association as they negotiate with the United States Maritime Alliance (USMX), a Port Authority spokesperson told CBS MoneyWatch on Friday.

The ILA has threatened to strike if a new labor agreement with East Coast port terminal and shipping companies represented by the USMX is not reached by the time the current contract expires on October 1.

Port trade is around $2.12trn, and 72% would grind to a halt, a one-day strike reportedly taking six days to recover from, a one-week strike in October creating bottlenecks until mid-November, not factoring in Red Sea disruptions caused by the not-terrorist Houthis."

"At the same time, ocean carriers are beginning to put essentially embargoes on export cargo "so that it doesn't come into East and Gulf coast ports and then wind up sitting there," she said.

"There will be a shutdown, assuming that there's is no intervention, at midnight on Monday the 30th," Bethann Rooney, director of the Port Authority of New York and New Jersey, the nation's second-busiest port, told a briefing earlier in the week.

https://www.zerohedge.com/economics/biggest-wild-card-presidential-election-just-days-left-until-crippling-port-strike?bsft_aaid=a4679c91-eb03-4591-93c2-79b7f25f9cbd&bsft_eid=33a2d03c-d3f0-46bb-aabc-3bcdf4b23a97&utm_medium=email&utm_source=blueshift&bsft_mid=7572af63-b069-4936-8ebb-31d035b71635&bsft_txnid=cb6575c8-a63d-4291-a641-6280111b3659&bsft_utid=aa5326c3-4112-4d09-abb6-ffe0f5156e00-DRPROOF&bsft_mime_type=html&bsft_ek=2024-09-29T11%3A30%3A08Z&bsft_lx=5&bsft_tv=2&pk=ccff4b935aa9f0152227d6dfb1325260&utm_campaign=DAP_ISSUE_09.29.24&vid2=70195ce975aeb700929f693dd867b14725d4745da5503787521174c887f3fb201d26527eda87275bb27da7fdc333aa3d&listCode=DRPROOF 

Comments

Popular posts from this blog

Fauci Files Reveal Pfizer Helped Biden Rig 2020 Election

 Pfizer secretly colluded with Joe Biden's team to help him rig the 2020 election against Trump, according to new Fauci documents. In his new book, "On Call," Fauci admits that Albert Bourla, the CEO of Pfizer, called him the night after Biden was declared the winner of the election, to inform him of Pfizer's "Game-changing results" from the rigged mRNA trial. "On November 7, after the absentee ballots were counted, Joe Biden was declared the winner of the presidential election. It was the very next night that Albert Bourla, Pfizer's CEO, called me away from my neighbors' fire pit to inform me about the game-changing results from the Pfizer mRNA vaccine trial. I finally thought we had truly turned a corner in defeating this terrible disease." Today reports: In another interesting tidbit, Fauci discusses Trump's FDA Commissioner Stephen Hahn declaring that he would not go along with the Trump Administration's plan to roll out the vac...

Republicans Withdraw $1 Billion From BlackRock Due To Its ESG Policies

  Multiple U.S. states governed by Republicans are withdrawing state funds from BlackRock's management, as they disapprove of the ESG investment policies of the world's top asset manager, the Financial Times reports. In recent weeks, Louisiana, South Carolina, Utah, and Arkansas have announced they would divest funds from... For months now, Republican states have said they would not do business anymore with asset managers who have ESG-aligned investment policies, which, the states say, show that those financial firms are boycotting the oil and gas industry. Texas is leading the campaign against this movement The Lone Star State published a list of financial firms that could be banned from doing business with Texas, its state pension funds, and local governments. https://oilprice.com/Latest-Energy-News/World-News/Republicans-Withdraw-1-Billion-From-BlackRock-Due-To-Its-ESG-Policies.html

The Biden-Harris White House Has An Iranian Spy Leaking U.S. Intelligence In It

 The question is, how did classified intelligence from the United States, showing Israeli military movements that suggest broader action against Iran, get to Tehran? The answer raises uncomfortable questions for the Biden-Harris White House, which has opposed Israel every step of the way in responding to Hamas, Hezbollah, and Iran. Defying Biden got Israel the entire leadership of Hezbollah and Hamas, with the ultimate threat still looming: Iran and its nuclear program. Operations against Iran are being assessed also because Iran has started firing ballistic missiles into Israel, targeting civilian centers across the country. If Israel is close to launching a broader offensive against Iran, leaking U.S. intelligence would be a way to both try and deter Israel and give more warning to Iran. In 2012, similar allegations were made against the Obama administration when U.S. intelligence leaks showed that Israel was working towards using "Azerbaijan as a base of operations in the event...