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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.
Update: The dockworkers strike was suspended Thursday as the sides came to a tentative agreement on wages.Read the latest on CBSNews.com.. As the port strike continues into its third day, some ...
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 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 ...
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 ...
A strike among tens of thousands of dockworkers threatens to upend the delivery of everyday products nationwide and reignite inflation weeks before the presidential election. The high-stakes ...