Moody’s Warns of Effects of Potential Dockworkers’ Strike

With negotiations between the International Longshoremen’s Association (ILA) and the U.S. Maritime Alliance (USMX) resuming January 7 ahead of the January 15 deadline, the timing of a potential dockworker strike at U.S. East and Gulf Coast ports is critical. It could especially strain retail supply chains and negatively impact smaller companies disproportionately, according to experts at Moody’s Corp.

“A disruption now could ripple through key sectors like retail, automotive, electronics, and agriculture, driving up costs, delaying production, and impacting …