Posted on 03/27/2024 11:37:53 AM PDT by linMcHlp
EXCERPTS:
East Coast ports have invested billions of dollars over the past decade to expand capacity and while the temporary closure at Baltimore may add time and cost for some companies, economists do not expect a significant macroeconomic impact.
The dockworkers are day laborers, said Scott Cowan, head of the International Longshoreman's Association Local 333 in Baltimore, meaning they only work when there is cargo to be moved. He estimated there might be about a week's work clearing the existing inventory at the port.
(Excerpt) Read more at marinelink.com ...
What's seriously telling about that list isn't the low position of Baltimore, but the negligibility of NYC. Used to be THE major port until the 1960s when the unions kept containerization out. Thought they were protecting their job security.
Of course it WON'T. It may take TWO years, or more, to rebuild/replace the bridge... but ACCESS to the PORT by CARGO SHIPS will be available within 30 to 60 DAYS.. and maybe even sooner!
Heck, that’s shorter than a lot of Longshoreman Union strikes!
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