US dockworkers have gone on strike after the International Longshoremen's Association (ILA), representing 45,000 port workers, failed to secure a new contract with the United States Maritime Alliance (USMX) before the September 30 deadline.

Shelby McFaddin, an investment analyst at Motley Fool Asset Management, spoke with Quartz for the latest installment of our “Smart Investing” video series.

Key Takeaways FedEx shares advanced on Monday as analysts said a likely labor action by dockworkers could lift demand for air freight.Members of the International Longshoremen’s Association are reportedly planning to go on strike beginning at midnight,

A port strike seems to be on the horizon, and Wall Street is quickly calculating possible winners and losers. Bargaining for a new six-year contract between dockworkers, represented by the International Longshoremen’s Association,

As a massive dockworker strike leaves billions of dollars worth of cargo stranded near U.S. ports, companies that transport cargo by air could stand to benefit. The supply chain logistics platform Flexport is telling their by-sea clients to consider the skies instead.