By SRH “The biggest presidential election wild card nobody’s talking about? Flexport CEO Ryan Petersen wrote on X earlier this month about the coming port strike that might close all East and Gulf Coast ports 36 days before the election. With about half the day left, Goldman analysts lead by Brooke Roach presented the “current state of the supply chain and freight environment for the retail industry.” More than 45,000 International Longshoremen’s Association (ILA) members from over three dozen facilities in 14 Gulf and East Coast ports went on strike early Tuesday, the largest US port labor action in over 50 years. A new multi-year labor contract dispute over automation and wages has sparked a nationwide labor action that threatens supply networks. If the strike lasts longer than a week, stores may run out of specific goods (read: here), causing […]