All eyes are on the negotiations between dockworkers on the East Coast and port operators as consumers and business owners worry about their bottom line.
“It’s definitely going to cause chaos the longer it goes on,” says Professor of Supply Chain Management Steven Carnovale of Florida Atlantic University.
Outside Port Miami Wednesday, longshoremen held up signs demanding higher wages and no automation.
“As this continues to go on and we enter the weeks increment of time, as that happens, then you will start to likely see either increased costs through transportation costs, potential shortages of products that come in,” Carnavale said.
At ports on the East Coast, fresh produce is a major import. International lawyer Tiffany Comprés represents trade clients in the agribusiness space and says she’s received multiple calls and emails from concerned clients.
“They’re concerned that the product is going to rot or that the product at a …