In a move reminiscent of the labor disputes of the 1970s, approximately 45,000 members of the International Longshoremen’s Association (ILA) began a strike at 12:01 a.m. ET on Tuesday, October 1, 2024. This work stoppage, affecting major ports from Maine to Texas, marks the first large-scale eastern dockworker strike since 1977. The strike affects over 30 major ports, including crucial hubs like New York/ New Jersey, Boston, Philadelphia, and Houston, which collectively handle between 43% and 49% of all U.S. imports, representing billions of dollars in monthly trade. New York Governor Kathy Hochul reported that an estimated 100,000 shipping containers … Continue reading First Major East Coast Dock Strike Since 1977 Puts 100,000 Shipping Containers in Limbo: $5 Billion a Day and Supply Shortages in the Balance