00:00It's Benzinga, and here's what's on the block.
00:03Executives at the Port of New York and New Jersey are preparing for a potential work
00:07stoppage by the International Longshoremen's Association as its October 1st contract deadline
00:11approaches.
00:13The ILA represents over 85,000 longshoremen, and a strike could shut down dozens of ports,
00:18including five of North America's busiest.
00:21Port officials are coordinating with ocean carriers to prevent congestion ahead of the
00:25strike.
00:26The Trump administration has ruled out invoking the Taft-Hartley Act to force union members
00:30back to work.
00:31For all things money, visit Benzinga.com.
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