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The ILA members' strike, which consisted of over 47,000 port workers across the Atlantic and Gulf coasts, including 4,500 from New York and New Jersey, began on Tuesday, Oct. 1, as the union ...
Rooney says the Port Authority's economist estimated the New York and New Jersey area, which covers 19 counties, to take a hit of between $250-300 million per day as a result of the strike's port ...
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.
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.
MORE: Dockworkers hit picket lines in historic US port strike that could impact prices. Workers have received an offer that includes a 50% raise over the course of the contract, the U.S. Maritime ...
The union says there are about 50,000 members covered by the contract, but the USMX puts the number of port jobs closer to 25,000, with not enough jobs for all the workers in the union to work ...
Under the tentative new agreement, workers will earn a 61.5% raise over six years. That means the highest paid workers would make $63 per hour in the final year of the contract — up from $39.
Thousands of East and Gulf Coast port workers launched a historic strike on October 1. ... tells CBS News that the U.S. Labor Department is monitoring the situation and has been in touch with the ...