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Here’s the latest information you need to know about the port strike. What are the workers going on strike over? You can sum up the strike issues in two words: Automation and wages.
Dockworkers at ports from Maine to Texas began walking picket lines early Tuesday in a strike over wages and automation that could reignite inflation and cause shortages of goods if it goes on ...
There are an additional 35,000 containers on inbound ships to the port. The port on average receives 400,000 containers a month. It is not unusual for a port to be closed for 2-3 days because of ...
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.
"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 ...
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 ...
Some 45,000 port workers from the International Longshoremen's Association union late on Thursday ended a three-day strike that had shut ocean shipping from Maine to Texas after reaching a ...
The massive port workers' strike that has shut down all the major dockyards on the Eastern seaboard of the U.S. and the Gulf coast is highlighting a fear held by many workers: Eventually, we will ...