#Port #strike freezes #shipping on #EastCoast
#Longshoremen’s #union walkout follows last-minute efforts by the #WhiteHouse to avert a strike.

Tens of thousands of #dockworkers launched a strike at #ports along the East Coast & the #GulfOfMexico on Tues, stranding stacks of shipping containers on docks & idling ships outside harbors in a threat to the #economy just 5 weeks before the election.

#UnitedStates #trade #longshoremen #ILA #USMX #CorporateGreed #labor
https://www.washingtonpost.com/business/2024/10/01/port-strike-shutdown-east-coast-dockworkers-union/
Port strike freezes shipping on East Coast, dealing blow to economy

The strike is disrupting ports that handle more than half of U.S. trade in shipping containers, with the economic bite growing worse if the standoff drags on.

The Washington Post
The #strike will cause immediate disruptions at #ports that handle >½ of the #UnitedStates#trade in cargo containers. The effects are expected to ripple through the country, costing hundreds of millions of dollars a day or more & getting worse each day the #longshoremen remain off the job.
It was unclear early Tues what the next steps might be in resolving the dispute between the International Longshoremen’s Association (#ILA) & #shippers & port operators.
#USMX #shipping #dockworkers #economy

The #US Maritime Alliance (#USMX), which represents the companies, said Mon just hours before a midnight deadline that negotiators had traded proposals in recent days & that it was offering 50% raises. The alliance said it was seeking a contract extension to allow talks to continue. The #union, which represents 47k workers, did not respond publicly to the operators’ 11th-hour offer.

#Longshoremen #dockworkers #strike #shipping #trade #economy #CorporateGreed #labor

“The Ocean Carriers represented by #USMX want to enjoy rich billion-dollar profits that they are making in 2024, while they offer #ILA #LongshoreWorkers an unacceptable wage package that we reject,” the #union said earlier Monday.

The #WhiteHouse said in a statement Monday that #Biden admin ofcls had met w/both sides & had been “working around-the-clock” over the weekend to avert a #strike.

#CorporateGreed #labor #Longshoremen #dockworkers #shipping #trade #economy