💨 Abstract

port labor strike, blocking container ship unloading on East and Gulf coasts, enters third day. Biden expects progress. Port operators preparing to offer 62% wage hike to settle the dispute. The International Longshoremen's Association seeks a 77% raise over six years from $30 an hour to $69 an hour. The strike threatens shortages of various goods and has triggered a backlog of anchored ships outside major ports.

Courtesy: theprint.in