Shipping Crisis or Hostile Takeover?

Members of the New Jersey-based International Longshoremen’s Association (ILA) union, which represents 47,000 port workers, is going on strike which could cause major disruptions in supply chain operations across the country. Harold Daggett, head of the ILA, threatened that he is going to “cripple” the US economy with strike action. The dispute has been caused over compensation and automation could halt container traffic from Maine to Texas, costing billions of dollars every day. 45,000 port workers are now on strike, from Maine to Texas."We will cripple you" - Head of ILA pic.twitter.com/ZUXpC3YwIs— Encounter [...]