The International Longshoremen's Association, the union representing 85,000 longshoremen, said it would be closed at East Coast and Gulf ports starting Oct. 1 if it cannot secure an agreement with the U.S. Maritime Union by Monday evening. We are preparing to go on strike.
According to the report, the union is demanding higher wages and a ban on automation of cranes, gates and container-moving trucks used to load and unload cargo. Associated Press.
“Prices will go up to the moon.”
ILA said USMX has “blocks”[ed] By rejecting the ILA's demands for a fair and decent contract, it is paving the way for a settlement on a new master contract, prompting strikes at all ports from Maine to Texas within nearly 12 hours. It seems like he intends to.”
“While ocean-going shipping lines represented by the USMX hope to reap the billions of dollars in rich profits that will be available in 2024, they are not acceptable to ILA's longshore workers,” the ILA said in Monday's update. “They are offering us a desirable wage package, which we are rejecting.”
“ILA longshore workers deserve to be paid for the important work that keeps American commerce moving and growing. Most of these foreign shipping companies are in the 'Make and Take' business. It's a shame. They want to make a billion dollars, while taking dollar profits from American ILA longshore workers out of this country and into the pockets of foreign conglomerates. ILA's dedicated longshore workers continue to be crippled by USMX's unfair wage inflation package,'' the union said.
The impending strike will put 45,000 longshoremen out of work at 36 ports, which control about half of all goods shipped domestically and internationally. A potentially prolonged strike could have a significant impact on the economy.
said Jason Fisk, CEO of Los Angeles-based Sarson Logistics. new york post Work stoppages could cost the company $3.7 billion per day.
Ted Jenkin, a business consultant and co-founder of Atlanta-based oXYGen Financial, told the Post: “The biggest concern is whether there will be any kind of prolonged strike and whether it will affect the supply of goods during the holiday season. “What kind of impact could it have on prices?” . ”
“If the strike is prolonged, there is no doubt that companies will see a significant increase in the price of their goods and have to pay shippers for delays that delayed their arrival at the height of the holiday season,” Jenkin said. pointed out. “The major retail chains have been preparing for a strike for months, so while a few days might not be a big deal, a month over the holiday period would be devastating.”
The strike, scheduled for 12:01 a.m. Tuesday, is expected to affect goods such as bananas, clothing, furniture, European beer and cars.
Meanwhile, a US shopper said: fox business He said he was stocking up on essential items for the upcoming strike, but noted rising costs would make it difficult to purchase additional necessities.
“I think prices are already so high because of the current administration, and I think they're only going to get worse,” one shopper told the news outlet.
Another official said, “If things continue like this, it will be difficult to make a living.The situation will only get worse.''
John Catsimatidis, chairman and CEO of Gristedes & D'Agostino Supermarkets, warned that the strike would cause supermarket prices to be “higher than ever.”
“Prices are going to go up to the moon,” he told Fox Business.
USMX did not respond to a request for comment from The Associated Press.
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