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Strike Shuts Eastern US and Gulf Ports, Threatening Economy

Dockworkers across the US East and Gulf coasts have launched a historic strike for the first time in nearly 50 years, disrupting operations at 36 major ports and potentially causing an economic loss of up to $4.5 billion daily.
Fashion brands are a key driver of demand for green shipping fuels, according to shipping group Maersk.
The 36 affected ports have the combined capacity to handle as much as half of all US trade volumes. (Shutterstock)
By
BoF PROFESSIONAL

Dockworkers walked out of every major port on the US East and Gulf coasts for the first time in nearly 50 years, staging a strike that could ripple across the world’s largest economy and cause political turmoil just weeks before the presidential election.

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