Dockworkers go on a strike that could reignite inflation and cause shortages in the holiday season
Dockworkers at ports from Maine to Texas have started walking picket lines in a strike over wages and automation that could reignite inflation and cause shortages of goods if it goes on more than a few weeks. The contract between the ports and about 45,000 members of the International Longshoremen’s Association expired at midnight, and even though progress was reported in talks on Monday, the workers went on strike early Tuesday. The strike is affecting 36 ports. The U.S. Maritime Alliance represents the ports and said Monday evening that both sides had moved off of their previous wage offers, but when picket lines went up it was apparent there was no deal.