The backlog caused by the dockworkers' 72-hour strike that closed 36 ports from Maine to Texas this week — including the Port of New York and New Jersey — could take between two to three weeks to clear out, said one Wall Street analyst.
Still, that amounts to a "temporary logistics impact and very little economic impact," said the analyst, Peter Tirschwell, vice president for maritime and trade at S&P Global Market Intelligence.
Beth Rooney, director of ports for the Port Authority of New York and New Jersey — which leases space at the ports to the shipping and terminal companies — was more optimistic, saying that the backlog would be at most a week.
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