Unionized workers at the Port of Montreal have launched a three-day strike at key terminals, halting 40% of container traffic. The Port Authority laments the economic impact of $90.7 million per day and warns of consequences for importers and exporters. The standoff reflects the challenges of labor negotiations in a crucial industry for Canada’s economy.
The world’s largest container shipper, MSC Mediterranean Shipping Co. SA, has advised customers to shift U.S. cargo operations to East and Gulf coast ports due to a potential dock workers’ strike. Talks between unions and employers are ongoing, with possible terminal closures on October 1. Delays and increased shipping costs are expected.
Experts caution that a potential strike by 45,000 longshoremen at East Coast and Gulf seaports could disrupt cargo traffic for weeks or even months. Major retailers like Walmart are rushing to import goods before the September 30 deadline. Shipping costs are skyrocketing amid fears of significant supply chain disruptions.
