We have to talk about early retirement [with terminal operators] because workers can’t work until 67 doing the most labor-intensive jobs,
Workers are challenging automation because they know the negative effects that disappearing jobs have on our families and communities,
We've had this in our contracts for many years,
Nobody can be sacked because of automation,
We're not opposed to bringing in technology that makes us more efficient,
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,
Shipping stocks had previously rallied on expectations of price increases triggered by the strike by U.S. dock workers and the tense situation in the Middle East,
Investors who hoped for a short-term rebound in freight charges, which are in a downward trend, are selling as the strike ended,
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,
They've got the next 90 days, they are going to settle everything."
He should have worked out a deal."
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.”
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 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,
It's a big issue, this needs to get resolved,