Posts tagged CNN Business

    Already strained supply chain at risk in ongoing port labor talks

    June 22, 2022 // Both Tirschwell and Larian point out that it wouldn't take a strike or a management lockout to slow or stop the flow of cargo. In the past, union members have slowed cargo simply by following strictly the terms of their existing contact, rather than trying to work most effectively. "Maybe they won't go on strike, but they can slow down everything," said Larian, the toymaker CEO. "A strike is very unlikely. A lockout is very unlikely," said Tirschwell. "But there's a definite possibility of an industrial action that disrupts the flow of cargo. That's what happened for six months in 2014 and 2015." Jim McKenna, Isaac Larian, Peter Tirschwell,