US ports longshoremen’s strike (East and Gulf coasts)

The automation issue is really tough - the workings of a port, especially a container port, seem really apt for automation. I don’t know enough about the arguments but that business case seems hard to fight in the long run . . . unless the counter arguments are both compelling and true.

I think part of it is the union attempting to get what they can now, BECAUSE automation is inevitable for efficiency. As you well know, this is about leverage. As i see it, unless the ports already have massive amounts of automation in place, they really dont have much leverage.

I saw a snippet last night as the strike deadline passed- a professor from Penn interviewed saying he didnt think it would last long because of the amount of revenue that would be lost - somewhere close to $2B a DAY. ( all ports combined )