US East Coast port strike looms Tuesday with no talks scheduled

By Free Republic | Created at 2024-09-30 15:41:41 | Updated at 2024-09-30 23:30:52 7 hours ago
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US East Coast port strike looms Tuesday with no talks scheduled
reuters ^ | 09/30/2024 | Lisa Baertlein, Timothy Aeppel and David Shepardson

Posted on 09/30/2024 8:38:27 AM PDT by ChicagoConservative27

Sept 30 (Reuters) - U.S. East and Gulf Coast port workers are set to go on strike at midnight on Monday with no talks currently scheduled to head off a stoppage threatening to halt container traffic from Maine to Texas and cost the economy as much as $5 billion a day. The labor contract between the International Longshoremen's Association (ILA) union representing 45,000 port workers and the United States Maritime Alliance (USMX) employer group expires late Monday, with negotiations at an impasse over pay.

A port strike will go ahead starting Tuesday at 12:01 a.m. ET, the ILA said on Sunday. The USMX "refuses to address a half-century of wage subjugation," the union said in a statement on Sunday. If union members do walk off the job, it would be the first coast-wide ILA strike since 1977, affecting ports that handle about half of the nation's ocean shipping. No negotiations are taking place and none are planned before the Monday deadline, a person familiar with the matter said on condition of anonymity as the matter is a sensitive one.

(Excerpt) Read more at reuters.com ...


TOPICS: Business/Economy; Culture/Society; Government; News/Current Events
KEYWORDS: eastcoast; looms; port; strike
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This is horrible


To: ChicagoConservative27

This is where kids find out that Santa Claus can get down a chimney but can’t get a shipping container through a port.


2 posted on 09/30/2024 8:41:32 AM PDT by T.B. Yoits

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