2 chapters across the catalog
Logistics experts suggest that railroads and barges are prepared to handle some of the cargo diverted from the port strike, though low river levels remain a challenge. The hosts theorize that the Biden administration's refusal to invoke the Taft-Hartley Act may be a strategy to force meat exports back into the domestic market. This influx of beef and pork could potentially lower grocery prices and reduce inflation before the election.
Longshoremen Strike Threat, Port Automation Disputes
International Longshoremen's Association President Harold Daggett threatened a massive strike across East and Gulf Coast ports starting October 1st. Daggett argued that workers deserve a share of the billions in profits made by shipping companies during the pandemic and warned that a strike would "cripple" the U.S. economy within weeks. The potential use of the Taft-Hartley Act to force a 90-day cooling-off period was also discussed.
