Dockworkers Strike

Containers are seen stacked in Portsmouth Marine Terminal (PMT), as port workers from the International Longshoremen's Association (ILA) participate in a strike, in Portsmouth, Virginia, US, October 1, 2024. Photo: REUTERS/Jose Luis Gonzalez/File Photo
USA

US port strike ends, leaving cargo backlog

The strike ended sooner than investors had expected, weakening shipping stocks as freight rates were no longer expected to surge

A worker moves shipping containers at the Port Authority of New York and New Jersey in, Newark, New Jersey, US, September 30, 2024. Photo: REUTERS/Caitlin Ochs
USA

US East Coast dockworkers strike, halting half the nation's ocean shipping