The reopening of East Coast ports averted a significant supply chain disruption, with estimated daily losses of $4 billion during closures. A new contract between the U.S. Maritime Alliance and the International Longshoremen’s Association includes a 62% wage increase over six years and discussions about automation’s role in port operations. Historical negotiations have seen unions accept technology in exchange for job security. As contract negotiations approach, potential slowdowns may disrupt logistics, leading to increased shipping costs for businesses and consumers.

Source: https://www.scmr.com/article/understanding-organized-labors-impact-on-our-supply-chain