With a potential strike looming that could impact ports from Maine to Texas, including the Port of Virginia, News 3 is getting some perspective.
“The cargo activity will basically come to a halt,” ODU economics professor Vinod Agarwal said.
That’s what Agarwal expects if an International Longshoreman Association strike happens.
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He said the impact of the strike will primarily be limited to people who work at the port if the strike lasts for less than a week or two.
If it goes on much longer, it will have a bigger impact.
“It will start impacting, now, people who are dependent on the port,” Agarwal explained.
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That means, for example, companies bringing in products or people who work in warehouses where products come after leaving the port.