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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.
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.
Before the strike, ... 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.
1935 Gulf Coast longshoremen's strike; 1936 Gulf Coast maritime workers' strike; 1936 Pacific Coast maritime workers' strike; 1971 ILWU strike; 1983 Pacific Coast Metal Trades Union strike; 1985–1986 New Bedford fishermen's strike; 2012 Ports of Los Angeles and Long Beach strike; 2019 Alaska ferry workers' strike; 2024 United States port strike
The walkout represents the first East Coast dock strike since 1977. ... A strike would reduce U.S. economic activity by between $4.5 billion and $7.5 billion for every week it continues, according ...
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 conversation around the dockworker strike also highlights a self-serving belief that automation will only disrupt manual fields, as if having a laptop job is a protective moat.
The union representing thousands of dockworkers from Maine to Texas launched a strike over wages and the use of automation, shutting down major seaports. Dockworker strike shuts down ports in the ...