President Joe Biden expressed optimism on Thursday about progress in resolving a major U.S. port labor dispute as dockworkers’ strike entered its third day, disrupting container shipments along the East and Gulf Coasts.
The strike, the largest since 1977, has stalled shipments from Maine to Texas, with 45 vessels currently stuck outside ports, threatening shortages of goods like bananas and auto parts.
The White House has pressured employers to raise their pay offer, while port owners signaled openness to further talks. However, no negotiations are currently scheduled. Economists warn that a prolonged strike could lead to higher food prices if disruptions continue.
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