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The union had been willing to consider the $4-an-hour deal before the strike, union boss Harold Daggett said on the picket line outside the Port of New York and New Jersey early Tuesday, soon ...
The union representing 45,000 striking U.S. dockworkers at East and Gulf coast ports reached a deal Thursday to suspend a three-day strike until Jan. 15 to provide time to negotiate a new contract.
Dockworker strike shuts down ports in the East, threatening big hit to the U.S. economy. Don Lee. October 1, 2024 at 10:05 AM. Workers take part in a port strike in Bayonne, N.J. (Eduardo Munoz ...
The research group further predicted that the losses per day would accelerate the longer the strike went on. [10] J.P. Morgan estimated a higher $3.8 billion to $4.5 billion loss per day for the economy for the length of the strike, with some losses recovered following the strike's end. [6]
East and Gulf Coast port operators late Wednesday struck an agreement with a dockworkers union, resolving a labor dispute that had threatened to halt shipments for a second time in three months ...
The walkout represents the first East Coast dock strike since 1977. A total of 14 ports involving some 25,000 workers are affected by the strike, according to USMX:
In their first strike since 1977, ILA dockworkers have been pushing for a 77% pay raise over the life of the contract and a halt on automation that could replace union jobs at U.S. ports.
Just how much American consumers and the U.S. economy will be impacted by the strike's immediate disruption of ports that handle about half of the country's trade in cargo containers depends on ...