🇺🇸 The US dockworker strike:

▫36 ports
▫45,000 workers
▫60% of US shipping traffic
▫$5 billion in economic damage per day

Freight costs for businesses have already gone up 20% ahead of the stoppage...

Key dockworker demands:
Pay raise
▫ 77% raise over six years- Current top wage is $39/hour
Protection against automation
▫Cargo-moving robots are a "signature issue" of the union president

"If a strike is resolved within a week, experts anticipate minimal economic damage. But the longer it goes on, the greater the chaos and potential for shortages and price hikes."

📎 Morning Brew