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Traction Control: East & Gulf Coast Port Strikes and Disaster Relief Update
Manage episode 442965677 series 3588104
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A massive labor strike that could cost the US economy $5 billion daily. Join us on Traction Control as we reveal the staggering impact of 45,000 dock workers walking out at 14 US East and Gulf Coast ports. Beginning at 12:01 am on October 1st, this disruption is shaking up the automotive aftermarket sector, potentially causing daily losses of nearly $340 million. We break down the labor dispute involving the United States Maritime Alliance and the International Longshoremen's Association, providing you with statements from both sides and insights into President Biden's decision not to invoke the Taft-Hartley Act. Tune in to hear how industry experts are navigating the rerouting of automotive parts imports and exports, compounded fees, and what businesses can do to weather the storm.
Discover the advocacy efforts of the Auto Care Association and learn how you can contribute your own port strike impact stories to strengthen our collective voice.
To learn more about the Auto Care Association visit autocare.org.
To learn more about our show and suggest future topics and guests, visit autocare.org/podcast
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