Dockworkers' Strike Threatens US Holiday Supply Chain

Chris Butler, CEO of National Tree Company, fears a potential dockworkers' strike on the East and Gulf coasts may delay shipments of holiday decorations, causing financial losses. Expected to start Tuesday, the strike involves 45,000 longshoremen and could lead to significant economic repercussions, affecting various industries and fueling inflation if unresolved.

A potential dockworkers' strike is raising concerns among businesses relying on East and Gulf coast ports. Chris Butler, CEO of National Tree Company, is among those worried about financial losses if the strike delays holiday shipments.

The anticipated strike by 45,000 longshoremen, starting Tuesday, could shut down 36 ports, impacting the import and export of goods. This could result in widespread economic disruptions and inflationary pressures.

Top Biden officials have urged negotiations to avoid the strike. However, no talks are currently scheduled, leaving businesses to prepare for potential supply chain challenges.

(With inputs from agencies.)