Port Workers Strike Costing $3.7b
Port Workers Strike Costing $3.7b
Already in its fifth day of workers strikes, 7,000 port workers at 30 ports within the province of British Columbia (B.C.) continue to strike for higher wages.
The work action is potentially costing $3.7b and disrupting an already fragile supply chain that’s seen a fair share of disruptions over recent years.
Speaking of Worker Strikes…
Workers for UPS may go on strike if an agreement on wages isn’t agreed upon by July 31st. Better get your Amazon Prime Day orders in before that.
“No metals for you!”
As the trade conflict for semiconductor chips rises to new heights, China’s recent blow is to restrict exports of gallium and germanium, two metals important to the the semiconductor production process.
Can we all just play nicely together?