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  5. US dockworkers suspend ports strike until January to allow for continued contract negotiations

US dockworkers suspend ports strike until January to allow for continued contract negotiations

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The International Longshoremen's Association (ILA) struck at 36 major ports along the East and Gulf coasts, resulting in a shutdown of cargo operations, affecting about half of the cargo coming into and out of the US. This was the first strike in almost 50 years. The strike was initially intended to last until January 15, but was later suspended, with the ILA and the United States Maritime Alliance agreeing on wages, although the details of the agreement remain unclear. The strike was reportedly due to a pay deal, with the ILA seeking a significant wage hike, reportedly around 62%, although this information may be inconsistent as some articles do not mention it. A total of 54 ships were waiting outside major ports, up from three on the previous Sunday.

  1. US
    Joe Biden
    Democratic Party
    1. The tentative deal represents critical progress towards a strong contract.
    2. They've got the next 90 days, they are going to settle everything.
    3. Foreign ocean carriers have made record profits since the pandemic.
    4. By the grace of God and goodwill of neighbors, it's going to hold.
    5. And I applaud the port operators and carriers who are members of the US Maritime Alliance for working hard and putting a strong offer on the table.
    6. Executive compensation has grown in line with those profits and profits have been returned to shareholders at record rates. It's only fair that workers, who put themselves at risk during the pandemic to keep ports open, see a meaningful increase in their wages as well.
    7. I want to thank the union workers, the carriers and the port operators for acting patriotically to reopen our ports and ensure the availability of critical supplies for Hurricane Helene recovery and rebuilding.
  2. US
    US Maritime Alliance
    1. Effective immediately, all current job actions will cease and all work covered by the Master Contract will resume.
    2. We cannot agree to preconditions to return to bargaining — but we remain committed to bargaining in good faith to address the ILA's demands and USMX's concerns.
  3. US
    Tony Pelli
    BSI Americas
    1. After the first week, we can expect some impact on perishable products like bananas, other fruits, seafood, and coffee, meaning fewer goods are reaching consumers, potentially driving up prices.
  4. US
    Matthew Shay
    National Retail Federation
    1. It is critically important that the International Longshoremen's Association and United States Maritime Alliance work diligently and in good faith to reach a fair, final agreement before the extension expires.

US Dock Workers Strike

  1. US dockworkers launch coast-wide strike affecting global shipping and supply chains

sources

  1. 1.The Times of India
  2. 2.CNA News
  3. 3.The Times
  4. 4.Le Monde
  5. 5.The Guardian
  6. 6.BBC
  7. 7.CTV News
  8. 8.France 24
  9. 9.Al Jazeera
  10. 10.Guardian
  11. 11.Reuters

perspectives

  1. 1.2024 US Presidential Election
  2. 2.US under Joe Biden
  3. 3.US Economy
  4. 4.Shipping industry
  5. 5.Transportation
  6. 6.Workers Strike
  7. 7.US Ports

countries

  1. 1.United StatesUS

organizations

  1. 1.US Maritime AllianceUS
  2. 2.International Longshoremen's Association
  3. 3.Republican Party
  4. 4.Everstream Analytics
  5. 5.White HouseUS
  6. 6.International Brotherhood of TeamstersUS
  7. 7.Democratic PartyUS
  8. 8.National Retail FederationUS
  9. 9.Nippon SteelJP
  10. 10.APM Terminals North America
  11. 11.BSI Americas
  12. 12.Capital EconomicsGB

persons

  1. 1.Joe BidenUS
  2. 2.Harold DaggettUS
  3. 3.Donald TrumpUS
  4. 4.Matthew ShayUS
  5. 5.David Adam
  6. 6.David Dayen
  7. 7.Jay TimmonsUS
  8. 8.Jeff Zients
  9. 9.Julie Su
  10. 10.Lael BrainardUS
  11. 11.Tony PelliUS

technicals

  1. 1.Tropical Storm Helene
  2. 2.Detroit Three
  3. 3.Oval Office
  4. 4.Panama Canal
US dockworkers suspend ports strike until January to allow for continued contract negotiations