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Tens of thousands of longshoremen have gone on strike on the East Coast and Gulf Coast, including at ports in New Jersey. Since there is no word on how long the strike is expected to last, shoppers rushed to local grocery stores, stocking up on things like paper products and water. “We happened to find out today that the strike is going on and you know, we need to stock up,” one shopper told News 12. While some are loading their trunks, others say they don’t believe panic buying is necessary. “I mean, if you want to feel comfortable and get basics, then get basics,” said another shopper. “But you don’t need to stockpile on everything.”
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The strike could lead to supply chain issues and higher prices if it lasts for longer than a few weeks, mainly impacting things like perishable produce and auto parts. Christopher Fanelli, sales manager at Gear Six Auto Parts in East Brunswick said that because they sell used parts, they aren’t directly impacted. But he says that people may turn to them if other suppliers are low in stock. “If you need a part for your car, you would call the dealership, they would be directly affected by the back order of them not being able to get a part, compared to us, where we would readily have it at hand,” Fanelli said. When asked if their prices would increase, he said, “No, our prices would remain the same. It wouldn’t be the right thing to do in that case.” Most popular items sold for the holiday season have already arrived from overseas. Major supply chain disruptions during the COVID-19 pandemic led retailers to become more prepared for situations like this. ”