The Washington Post on Nostr: Port strike freezes shipping on East Coast, dealing blow to economy ========== Tens ...
Port strike freezes shipping on East Coast, dealing blow to economy
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Tens of thousands of dockworkers launched a strike on October 1, 2024, at East Coast and Gulf of Mexico ports, disrupting over half of U.S. cargo container trade; the strike follows failed negotiations between the International Longshoremen’s Association (ILA) and the U.S. Maritime Alliance (USMX), which offered 50% raises; ILA represents 47,000 workers, with President Harold Daggett blaming shipping lines' greed for the strike; the economic impact could reach $3.78 billion for a week-long strike; major ports affected include New York, Baltimore, Norfolk, Savannah, and Houston; the White House has been involved in negotiations but President Biden opposes using emergency powers to end the strike; the current contract provides top wages of $39/hour, with the union seeking significant raises and protections against automation.
#PortStrike #Shipping #Economy #Longshoremen #LaborDispute #Biden #Ila #Usmx #EconomicImpact #2024Election
https://www.washingtonpost.com/business/2024/10/01/port-strike-shutdown-east-coast-dockworkers-union/
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Tens of thousands of dockworkers launched a strike on October 1, 2024, at East Coast and Gulf of Mexico ports, disrupting over half of U.S. cargo container trade; the strike follows failed negotiations between the International Longshoremen’s Association (ILA) and the U.S. Maritime Alliance (USMX), which offered 50% raises; ILA represents 47,000 workers, with President Harold Daggett blaming shipping lines' greed for the strike; the economic impact could reach $3.78 billion for a week-long strike; major ports affected include New York, Baltimore, Norfolk, Savannah, and Houston; the White House has been involved in negotiations but President Biden opposes using emergency powers to end the strike; the current contract provides top wages of $39/hour, with the union seeking significant raises and protections against automation.
#PortStrike #Shipping #Economy #Longshoremen #LaborDispute #Biden #Ila #Usmx #EconomicImpact #2024Election
https://www.washingtonpost.com/business/2024/10/01/port-strike-shutdown-east-coast-dockworkers-union/