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Stock impact report

These consumer products are most likely to be impacted by the port strike [Business Insider]

CONTL AG S/ADR (CTTAY) 
Here's an overview of the items that could be most affected. US port workers with the International Longshoremen's Association are on strike following the expiration of their union's contract Monday night. In the latest development of the ongoing labor dispute, the work stoppage at Eastern and Gulf Coast facilities is expected to impact a host of consumer products. Atlantic ports handle more than half of US imports, with an estimated economic impact of $540 million per day, according to The Conference Board While some companies have managed to work ahead of the impending deadline, accelerating shipments or routing to West Coast ports, others are in a tighter spot. A wide range of everyday items could be affected Fresh fruits and vegetables, especially those coming from Central and South America, are expected to be most impacted by the strike, said Margaret Kidd, program manager and associate professor of supply chain and logistics at the University of Houston. Top of th Show less Read more
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