Impact of a Gulf Coast and East Coast Strike on the U.S. Economy: A Numerical Analysis
MTS Logistics
AUGUST 23, 2024
To understand the potential economic impact, it’s helpful to revisit past events. In 2002, a 10-day lockout between the International Longshore and Warehouse Union (ILWU) and the Pacific Maritime Association (PMA) on the West Coast had a significant impact, costing the U.S. economy over $2 billion per day.
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