The proposed strike at the port of Felixstowe could result in over $800 million in trade being disrupted according to the ALPS Marine analysis by Russell Group, a data and analytics company.
"Clothing ($82.8 million) and electronic components ($32.3 million) will be the commodities that would be impacted by the strike," says the analysis based on previous trade flows at Felixstowe in the period.
Over 1,900 members of the Unite Union will strike at the port between Sunday August 21 until Monday August 29 in a dispute about a pay increase.
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