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The top-tier hourly wage of $39 for longshoremen amounts to just over $81,000 annually, but dockworkers can make significantly more by taking on extra shifts. For example, according to a 2019-20 annual report from the Waterfront Commission of New York Harbor, about one-third of local longshoremen made $200,000 or more a year.
If the strike happens, but is resolved in a few weeks, not much. But if a strike lasts for more than a month, expect shortages of some products. Don't worry about your Christmas list, though, as ...
The strike, depending on its length, is going to be felt by consumers and farmers who rely on the impacted ports to export containerized cargoes of soybeans and shipments of poultry, said the ...
A port strike by longshoreman workers along the East and Gulf coasts would create economic chaos with far reaching impacts to businesses, consumers and even your kitchen table.
1889 London dock strike; 1890 Australian maritime dispute; 1907 Belfast Dock strike; 1913 Sligo Dock strike; 1919 Fremantle Wharf riot; 1922 seamen's strike; 1951 New Zealand waterfront dispute; 1970 United Kingdom dockers' strike; 1998 Australian waterfront dispute; 2013 Hong Kong dock strike; 2020 Port of Montreal strike
The striking of US port workers on the East and Gulf coast could impact certain stocks. Port workers are demanding a 61.5% raise and oppose the adoption of automation in new contract negotiations.
0–9. 1889 London dock strike; 1907 Belfast Dock strike; 1918 United Kingdom embargo strike; 1918–1919 United Kingdom police strikes; 1926 United Kingdom general strike
"A port strike could cost the U.S. economy billions of dollars a day, hurting American businesses, workers and consumers across the country," Business Roundtable CEO Joshua Bolten said in a ...