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| Economy |
| There's another potential port strike looming on the horizon |
| 2024-12-10 |
| [FoxNews] Remember the short-lived dockworkers’ strike which crippled ports on the East and Gulf Coasts in October? The strike only lasted three days, but cost the American economy billions in lost revenue. The work stoppage was temporarily resolved when the International Longshoremen’s Association (ILA) agreed to a 61.5% wage increase over the next six years. The ILA and the United States Maritime Alliance tabled other issues, the most important of which is the automation of ports. The contract extension that was negotiated expires on January 15, 2025 – five days before President-elect Trump takes office for his second term. However, there is a major glitch, which had been under-reported by corporate media: the two sides stopped all negotiations in mid-November, with the ILA walking away from the negotiating table, stating, "USMX introduced language in their proposal for semi-automated equipment to be used at ILA ports, which this union outright rejected. The ILA recognized this as a renewed attempt by USMX to eliminate ILA jobs with automation and broke off talks." Related: Dockworkers: 2024-10-03 Visit International Longshoremen's Assoc. president Harold Daggett's house Dockworkers: 2024-10-03 High Paid ILA President Harold Daggett's shady past and lavish lifestyle come into focus with crippling port strike Dockworkers: 2024-10-03 Biden to stay out of port strike as trade flows halt, union boss threatens to ‘cripple' economy |
| Posted by:Skidmark |
| #1 It would be interesting to see how the ILA would fit into a RICO action. |
| Posted by: Procopius2k 2024-12-10 13:05 |