U.S. East Coast port union strike threat to test shippers’ nerves

Labor talks at U.S. ports on the East Coast and Gulf of Mexico are a looming risk for retailers, manufacturers and other shippers already grappling with longer transit times and higher costs.

The International Longshoremen’s Association contract covering 45,000 dockworkers at three dozen ports stretching from Maine to Texas expires on Sept. 30. If there is no deal by then, the union could call a strike that would hit during the vital holiday container shipping season and labor-friendly U.S. President Joe Biden’s bid for reelection.

The ILA on Monday called off this week’s planned start of talks with the U.S. Maritime Alliance, citing one member of that employer group’s use of automation technology in violation of prior agreements.

ILA President Harold Daggett previously warned that members would strike if a deal is not reached before the current contract lapses. He has alerted locals at vital trade hubs like New York/New Jersey and Houston to be ready to strike on Oct. 1, the union said.
more at: https://www.reuters.com/markets/us-east-coast-port-union-strike-threat-test-shippers-nerves-2024-06-13/

Related Posts

Flint Group launches the new rotec® ULW Bridge

With increasing demand in the printing industry for equipment that enables more frequent and faster job changes on press, Flint Group officially launches the new rotec® ULW Bridge to join the lightweight family of sleeves and adapters. The rotec® ULW Bridge is an ultra lightweight polyurethane adapter offering up to 65% reduction in weight compared to similar products in the market – a significant weight decrease improving safety and handling for press operators. Developed together with customers, this new generation adapter has been validated in applications on plate-mounting equipment and on presses running up to 450 m/min for the last 1-2 years. Ralf Venema, Flint Group General Manager explains: “Our Product Development Team is focused on developing products to help the customer work smarter, faster and easier. The rotec® ULW Bridge is an excellent solution for improved safety and easier handling at the printer.” The rotec® ULW Bridge is suitable for all press widths and offers particular benefits where higher wall thicknesses are most commonly used, such as in cantilevered mounter applications and unusually large print applications, including corrugated pre-print. Click Read More below for additional information.

Key Currency Exchange Rates for Friday, 2/19/21

American Dollar to Canadian Dollar = 0.792946; American Dollar to Chinese Yuan = 0.154435; American Dollar to Euro = 1.213878; American Dollar to Japanese Yen = 0.009496; American Dollar to Mexican Peso = 0.049113.

AAA Daily Fuel Gauge Report for Friday, 9/10/21

National Average Price for Regular Unleaded Current: $3.179; Month Ago: $3.186; Year Ago: $2.208. National Average Price for Diesel Current: $3.294; Month Ago: $3.294; Year Ago: $2.421.
Back To Top
×Close search
Search