US East Coast Ports Strike: Immediate Supply Chain Disruptions
Pawan warns of a domino effect across industries, with perishables hit first. "Prices for perishables will rise quickly," he says. John highlights the critical role of components in manufacturing, predicting significant disruptions and price increases due to limited shipping capacity. "This creates a ripple effect through the manufacturing supply chain," John notes.
Potential Twin Strike Crisis: East Coast Ports and Canada Rail
Pawan warns of severe disruptions if East Coast longshoremen and Canada rail workers strike simultaneously. He highlights the significant fallout on supply chains and the urgency of resolving these labor disputes promptly to avoid a twin crisis.