Port strike: distilled spirits exports and imports at risk says trade group

Published On Oct 3, 2024, 6:00 AM

The distilled spirits industry is facing significant challenges due to a dockworker strike at East and Gulf Coast ports, which are critical for exports and imports in the sector. The strike, ongoing for days and potentially longer, threatens to disrupt the supply chain just as the industry enters its peak sales period leading up to the holiday season. Distilled Spirits Council CEO Chris Swonger indicated that prices for consumers may rise as companies seek alternative, more costly shipping methods due to port closures. The strike is projected to have a broader economic impact, potentially costing billions daily and affecting various industries relying on the ports for goods and materials.