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Increased work stoppages due to industrial action threaten supply chain resilience and economic competitiveness. But one transportation mode has a much larger impact on global logistics than the rest.

Strike one: greedflation

The ongoing resilience of the US economy, which is in better shape than it was at the start of the year, is not reflected in consumer sentiment, which in May slid to its lowest level in five months.

As I had observed in my previous column, ...

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