Almost 25,000 dockworkers at various ports along the East and Gulf Coasts are striking to ask for higher pay and protections from having their jobs automated out of existence. Marking the first such strike in almost 50 years, members of the International Longshoremen’s Association walked off the job on Tuesday. In a social media post,…
Topline The massive dock worker strike beginning Tuesday comes at an inopportune time for the U.S. economy, as the potential uptick in shipping prices comes ahead of the holiday season and as policy makers look to turn the page on inflation, though experts are split on whether the strike will have a major impact on…
Thousands of dock workers at ports along the East and Gulf coasts went on strike early Tuesday morning amid a contract dispute, halting the flow of goods with a potentially costly work stoppage. Their union, the International Longshoremen’s Association, failed to reach a new six-year agreement with the United States Maritime Alliance, the group representing…
By Lisa Baertlein, Timothy Aeppel and David Shepardson (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…