From cars to clothes to household goods, products moved by shipping container got tied up at South Florida ports and could become more expensive after thousands of International Longshoremen’s Association members walked off their jobs along the East and Gulf Coasts on Tuesday in a contract dispute with shippers. A key question for consumers: How long will it be before prices start spiking as supplies shrink? “It’s probably not going to be too big a concern if it’s two or three days,” said Steven Carnovale, associate professor of supply chain management at Florida Atlantic University’s College of Business.
Consumers Should Hope For A Short Dock Strike: The Longer It Goes, The Pricier It Will Get, Economists Say.
David Lyons, South Florida Sun-Sentinel
Tue, 10/01/2024 - 2:05pm
Topics: gulf coasts it s steven carnovale florida atlantic university s college business economists alternate west coast depending broward county statewide florida seaport transportation economic development council central america sean bernadel eller drive fort lauderdale bananas sean snaith central florida but snaith they ve construction brazil pacific northwest china carolina sznajderman eisinger law since on joseph morris ceo port director first amendment amy beth bennett generally houston jacintoport terminal philadelphia penn terminals it orleans savannah wilmington brooklyn seaboard marine s u.s south florida a international longshoremen s association east gulf coast it carnovale florida university port port everglades portmiami palm beach amy beth bennett south florida florida south florida sun sentinel east coast the the the port everglades ila miami seaboard marine consumers hope short dock strike cargo products materials shipping tuesday operations building containerized labor costs supply impact handle retail chains work moving billion supplies walked small moved cost potential week start petroleum perishables record-high tons rebuild quickly million affected fully expected continue employ material open operators remain kind
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