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Home Business

Hasbro and Mattel have most toy shipments locked in as port strike looms, analysts say

30 September 2024
in Business
Hasbro and Mattel have most toy shipments locked in as port strike looms, analysts say
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A potential strike at East Coast ports could result in significant economic losses of hundreds of millions of dollars per day, causing delays in the delivery of goods like cars, furniture, alcohol, and pharmaceuticals. The strike could also lead to increased shipping costs for businesses and consumers. This situation highlights the importance of resolving labor disputes efficiently to prevent disruptions in the supply chain.

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Tags: AnalystsHasbrolockedLoomsMattelportshipmentsstrikeToy
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