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Port strike looming: What to know and expect

A strike involving port workers along the East Coast is looming this week as the time ticks by for a labor deal to be reached.

If a deal isn’t reached by the end of the day Monday, thousands of dockworkers could begin striking Tuesday, Oct. 1, potentially putting a massive economic strain on retailers before the peak holiday shopping season.

Here is what to know about the labor dispute and effects of the potential strike:

Labor dispute
Unionized dockworkers in the International Longshoremen's Association (ILA), which represents 45,000 members at East Coast and Gulf Coast ports, may go on strike beginning Tuesday, Oct. 1 if an agreement isn't reached by the end of Monday.

More

www.fox32chicago.com

A big port strike along the East Coast is looming. Here’s what’s happening.

Retailers are bracing for potential pain should thousands of dock workers along the East Coast begin striking this week. Here’s what to know and what to expect.
www.fox32chicago.com www.fox32chicago.com
 
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US shoppers start to 'stock up' on essentials as port strikes pressure prices to go 'higher than ever'
As American shipping ports from Texas to Maine strike, consumers are beginning to stock up on essential supplies as experts warn the industry conflict could cause shortages and price hikes on everyday items.

"If there's a strike, prices in the supermarkets will go up higher than ever," Gristedes and D'Agostino Supermarkets Chairman and CEO John Catsimatidis said on "Varney & Co." Monday.

Unionized dockworkers in the International Longshoremen's Association, which represents 45,000 members at East Coast and Gulf Coast ports, may go on strike beginning Oct. 1 if an agreement isn't reached by the end of Monday.

With an analysis from J.P. Morgan estimating a strike would cost the U.S. economy up to $5 billion per day, Catsimatidis argued the optics couldn’t look worse for the Biden administration and Harris-Walz campaign.

Complete Article

www.foxbusiness.com

US shoppers start to 'stock up' on essentials as port strikes pressure prices to go 'higher than ever'

Some U.S. consumers have begun to "stock up as much" as possible, while others are "not prepared" for likely inventory shortages and price pressures from the looming port strikes.
www.foxbusiness.com www.foxbusiness.com
 
The strike doesn’t even affect food that much yet people are “stocking up”/hoarding it. It’s because of speculation like the article above.
1LoverofGod said:
"If there's a strike, prices in the supermarkets will go up higher than ever," Gristedes and D'Agostino Supermarkets Chairman and CEO John Catsimatidis said on "Varney & Co." Monday.
Click to expand...
How would these supermarket CEOs know that.
 
**Update

Dockworkers' union reaches tentative agreement, will suspend port strike until January
Striking U.S. dockworkers will return to work Friday after reaching a tentative agreement with employers on an improved wage offer.

The conditional offer was for a 62% wage increase, FOX Business has learned.

The offer is on the table for the next 90 days. If no deal is reached within that timeframe, the proposed wage hike will be pulled from the table.

More

www.foxbusiness.com

Dockworkers' union reaches tentative agreement, will suspend port strike until January

U.S. port operators have proposed a conditional offer of a 62% wage increase to dock workers to end a strike and get back to work, FOX Business has learned.
www.foxbusiness.com www.foxbusiness.com
 
It's gotten nutty up here too. The lady who cleans house for me monthly came in today and she was at Costco yesterday. There were shopping carts lined up to the back to go thru the tills, everyone piled with toilet paper

and as I reported earlier in What's for Dinner, something REALLY ODD and ominous!!!! :lol:

The lady in the bakery told her they'd had a run on ..... wait for it.....

Pumpkin PIE!!!! They sold 800 pies in an hour and it is still 10 whole days before Canadian Thanksgiving (or so, I haven't checked the actual date but give r take a day eh)

Sure sign of the apocalypse upon us all, impending doom, the end of the world as we know it. When we run out of PUMPKIN PIE!!!!

The stupid part is
A) we make all our TP from Canadian trees, right here in BC. NO SHORTAGE but hey Doomsday is upon us and the call of the toilet paper is strong on the Canadian shopper far from the eastern shores of the USA.

B) thanksgiving is 10 days away. There's time for more pie to get baked. But just in case there's a shortage of stale 10 day old pumpkin pie for the festive table.
 
@Growing in Grace
said this over in the whats for dinner thread and I think she's right!

"Okay, maybe I’m getting deep in the weeds, but a brilliant psychologist, Mattias Desmet had explained the Covid 19 panics as ‘mass formation’ where our herd emotional instincts overrun most folk’s common sense.

After a few years the masks came off, people were not fighting for toilet paper.

But, there’s a cycle to mass formation & he predicted (spring 2024?) we would see a second round soon. So despite people knowing that in 2020 they panicked on false premises, we will all tend to do that again."

to which she added (and I fully agree)
:groan:
 
Margery said:
@Growing in Grace
said this over in the whats for dinner thread and I think she's right!

"Okay, maybe I’m getting deep in the weeds, but a brilliant psychologist, Mattias Desmet had explained the Covid 19 panics as ‘mass formation’ where our herd emotional instincts overrun most folk’s common sense.

After a few years the masks came off, people were not fighting for toilet paper.

But, there’s a cycle to mass formation & he predicted (spring 2024?) we would see a second round soon. So despite people knowing that in 2020 they panicked on false premises, we will all tend to do that again."

to which she added (and I fully agree)
:groan:
Click to expand...
Those in "power" love to stoke fear. Fear is effective and they know it.
THEY create a crisis and come to the rescue.
Most of those unions are lock in step with the Democrats and the ties run right in with the globalists.
 
I know someone whose husband works at Sam’s club and he said people were fighting over the toilet paper as soon as it was brought out from the back. He said it looked like the Cabbage Patch Doll fiasco in the 1980’s.
So idiotic and frankly it’s scary because if we have another great depression it will NOT be like the first one when people tried to help each other and had decency and respect.
 
Margery said:
It's gotten nutty up here too. The lady who cleans house for me monthly came in today and she was at Costco yesterday. There were shopping carts lined up to the back to go thru the tills, everyone piled with toilet paper

and as I reported earlier in What's for Dinner, something REALLY ODD and ominous!!!! :lol:

The lady in the bakery told her they'd had a run on ..... wait for it.....

Pumpkin PIE!!!! They sold 800 pies in an hour and it is still 10 whole days before Canadian Thanksgiving (or so, I haven't checked the actual date but give r take a day eh)

Sure sign of the apocalypse upon us all, impending doom, the end of the world as we know it. When we run out of PUMPKIN PIE!!!!

The stupid part is
A) we make all our TP from Canadian trees, right here in BC. NO SHORTAGE but hey Doomsday is upon us and the call of the toilet paper is strong on the Canadian shopper far from the eastern shores of the USA.

B) thanksgiving is 10 days away. There's time for more pie to get baked. But just in case there's a shortage of stale 10 day old pumpkin pie for the festive table.
Click to expand...
I needed this laugh 😂 look at this world we are living in!! The pumpkin pie sign! The toilet paper omen! 🤣
 
Andiamo said:
I needed this laugh 😂 look at this world we are living in!! The pumpkin pie sign! The toilet paper omen! 🤣
Click to expand...

I KNOW RIGHT????

Something in the spice!!!! Something that makes people lose their everlovin' minds. Hordes of women running for their pumpkin fix at Starbucks, to drink it, at Michaels to decorate with it, to farms nearby to hunt down pumpkins running wild all over the fall landscape.

It's all fine until.... the spice gets into it!!!!

We live in unprecedented times and looming over it---- the GREAT PUMPKIN!!! Linus was RIGHT
 
Margery said:
I KNOW RIGHT????

Something in the spice!!!! Something that makes people lose their everlovin' minds. Hordes of women running for their pumpkin fix at Starbucks, to drink it, at Michaels to decorate with it, to farms nearby to hunt down pumpkins running wild all over the fall landscape.

It's all fine until.... the spice gets into it!!!!

We live in unprecedented times and looming over it---- the GREAT PUMPKIN!!! Linus was RIGHT
Click to expand...
I read my husband your post and all he had to say was “I want pumpkin pie.” 😆
 
What's really sick about all this is that it was starting by a couple of so-called influencers on social media. And like a bunch of lemmings people went nuts. Andrea and I were in Sam's club couple of days ago to buy our monthly supply of toilet paper and other goods and we couldn't find it. What there was was in people's carts all lined up to check out. I had to go online to figure out why there was such a run-on toilet paper. There's an East Coast shipping strike so people panic because an influencer said you better stock up on toilet paper. Sometimes I wonder if there's any hope for people in this country. And what scary is all of these people have the right to vote! It explains why Kamala Harris is still running neck and neck with Donald Trump in the polls!
 
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