Quotes
The decision to end the current strike and allow the East and Gulf coast ports to reopen is good news for the nation’s economy,
the National Retail Federation said in a statement Investors who hoped for a short-term rebound in freight charges, which are in a downward trend, are selling as the strike ended,
said Yang Ji-hwan, an analyst at Daishin Securities in Seoul 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,
Biden said in a statement They've got the next 90 days, they are going to settle everything."
Outside the White House, Biden added He should have worked out a deal."
Republican former president Donald Trump, who is seeking to take back the Oval Office, had blamed Biden for the crisis, saying Tuesday in Milwaukee J.P. Morgan estimated that a strike that shuts down East and Gulf coast ports could cost the economy [US] $3.8 billion to $4.5 billion per day, with some of that recovered over time after normal operations resume.”
According to the Associated Press But we still have to see what arrives by road or train,
It’s a great opportunity for ports like Lázaro Cárdenas [in Michoacán] to increase operations,
The problem is that if [goods] don’t leave [ports] there they won’t arrive here,
I congratulate the dockworkers from the ILA, who deserve a strong contract after sacrificing so much to keep our ports open during the pandemic. 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."
Effective immediately, all current job actions will cease and all work covered by the Master Contract will resume,
The International Longshoremen’s Association and the United States Maritime Alliance, Ltd. have reached a tentative agreement on wages,
the union and the alliance said in a joint statement The longer this goes, the more economic impact you're going to see. Look, if you just think about the pace of ocean shipping, obviously something you're expecting to get overnight isn't something you're sending in an ocean liner. But it doesn't take long for this to really have an impact. Our supply chains are all interconnected,
Buttigieg told host Willie Geist It's a big issue, this needs to get resolved,
the transportation secretary added A lot of the retailers, the stores, they did see that this might be coming. This is an issue we've been tracking for months. And so some of them rerouted to the West Coast or they frontloaded their orders and got more things into the warehouses earlier this year,
They're negotiating for better wages and other issues, and they have not been able to come to terms, them and the ocean carriers and ports, in order to reach a new contract. That has resulted in this strike, the work stoppage,
We honored our last contract, ... even through Covid when we had to work double or triple. We never shut down, so everybody could get their goods. We didn’t ask for a pay raise. We didn’t walk out to try to get leverage when we could have, because we were honoring our agreement.”
If a monsoon comes, we’re gonna stay out, because we’re used to working in a monsoon,
The action is going to give us a fair contract and we can get back to work to get people the goods they need,
I’m a father and a husband, I worry about everything,