HAMPTON, Va. (WAVY) — There are some reports of panic buying in the Hampton Roads area the day U.S. dockworkers went on strike, which shut down ports on the East and Gulf coasts.
NewsNation affiliate WAVY viewers have sent photos of long lines at a BJ’s Wholesale Club in Hampton, where some items like toilet paper were in shorter supply, and of a Walmart in Yorktown, where paper towels, water and other items were in low supply.
Longshoremen strike could cost US economy billions daily
It’s important to point out that while the strike is expected to have significant effects on the global supply chain, things like toilet paper and paper towels are mostly produced in the U.S., so supplies of those shouldn’t be impacted as much as imported products such as electronics and car and machinery parts.
Experts say the grocery products that will impacted the most include things like bananas and tropical fruit (about 75% of bananas in the U.S. enter through East Coast and Gulf Coast ports), and imported alcohol like beer and wine from Europe, and Caribbean spirits like rum.
Overall, though, experts warn that while you might still be able to find items, companies will likely pass on the added costs associated with the snarled supply chain to consumers.
George Berry, a local trucker in Hampton Roads who heads the For Truckers by Truckers advocacy group, told WAVY Tuesday morning that consumers should start preparing for some things to be in shorter supply.
“I want the community to start preparing,” Berry said. “I want them to go get essentials. Not, you don’t have to rush, panic buy, but I do want them to have essentials at their house. Toilet paper, paper towels, things of that nature.”
Longshoremen strike may affect prices on food, groceries
It’s unclear when a deal could be made between International Longshoremen’s Association, the union that represents about 45,000 port workers, and the United States Maritime Alliance, whose contract ended at midnight Monday.
However, workers like Rodrick Riddick, a longshoremen in Portsmouth, are hopeful the strike will bring better wages and benefits for workers.
The union has demanded 77% pay raises over six years to help deal with inflation, along with a total ban on the automation of cranes, gates and container-moving trucks used in the loading or unloading of freight.
The strike overall is affecting 14 major ports in the East Coast and Gulf Coast, where more than 40% of total “containerized goods” enter the U.S.
Locally, the strike has shut down these port locations:
Norfolk International Terminals
Virginia International Gateway
Newport News Marine Terminal
Pinners Point Container Yard
Portsmouth Chassis Yard
Reefer Service Area
The Damage Annex
The strike is expected to cost the U.S. economy up to about $5 billion per day, experts say.
