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The Anderson Economic Group estimated that the U.S. economy would lose $2.1 billion from a one-week strike, $1.5 billion due to the loss in value or degradation of items such as perishable goods, $400 million for transportation company losses, and $200 million in lost wages for the striking port workers.
Dockworkers at ports from Maine to Texas began walking picket lines early Tuesday in a strike over wages and automation that could reignite inflation and cause shortages of goods if it goes on ...
There are an additional 35,000 containers on inbound ships to the port. The port on average receives 400,000 containers a month. It is not unusual for a port to be closed for 2-3 days because of ...
With a strike deadline looming, the group representing East and Gulf Coast ports is asking a federal agency to make the Longshoremen's union come to the bargaining table to negotiate a new contract.
A massive port strike along the East and Gulf Coasts that kicked off on Tuesday has the potential to become one of America’s most disruptive work stoppages in recent times.. The demands of the ...
Some 45,000 port workers from the International Longshoremen's Association union late on Thursday ended a three-day strike that had shut ocean shipping from Maine to Texas after reaching a ...
The massive port workers' strike that has shut down all the major dockyards on the Eastern seaboard of the U.S. and the Gulf coast is highlighting a fear held by many workers: Eventually, we will ...
(Reuters) -The union representing 45,000 dock workers on the U.S. East and Gulf Coasts and their employers on Wednesday said they reached a tentative deal on a new six-year contract, averting ...