Longshoremen Threaten Strike Over Automation At U.S. Ports

U.S. longshoremen are threatening a strike that could shut down East and Gulf Coast ports and disrupt the U.S. economy. The workers, who are negotiating a pay raise, oppose increased automation at ports, fearing job loss to machines. Port operators and shipping companies claim U.S. ports lag behind more automated ports like those in Rotterdam, Dubai, and Singapore. A strike would cut half of the nation's shipping traffic. It is set to begin on January 15 if an agreement isn't reached. A short strike won't significantly impact the economy, but a longer one could cause major disruptions, escalating economic costs from $500 million to over $2 billion daily.