Economics
Sweden Braces for Port Strike That Could Cost Millions
- Companies are looking at trucking goods as ports could close
- Strike could further harm economic growth as momentum cools
Photographer: Erik Abel/Bloomberg
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Sweden is bracing for a port strike that could cost millions and disrupt supplies of everything from trucks to bananas.
A conflict that has been brewing for years looks poised to culminate in a nationwide strike by dockworkers at 16 ports from midnight Wednesday. As mediated talks to broker a deal continue, retailers, manufacturers and wholesalers were scrambling for alternative ways to secure deliveries and shipments.