ImportGenius CEO and Co-Founder Michael Kanko talks about the impact and impact of the port strike on consumers on “The Big Money Show.”
Striking US longshoremen are scheduled to return to work on Friday after reaching a tentative agreement with their employer. Vice President Kamala Harris said the deal “signals progress toward a strong contract.”
The return of dockers is dependent on a tentative agreement that includes an improved wage offer of a 62% wage increase.
“This action shows progress toward strong contracts and demonstrates the power of collective bargaining,” Harris said, praising the efforts of everyone involved.
Dockers agree to call off port strike after employer offers significant wage increase
On October 1, 2024 in Miami, Florida, longshoremen at the Port of Miami went on strike near the entrance to the port, demanding a new labor contract. (Photo by GIORGIO VIERA/AFP via Getty Images)
Longshoreman gives surprising answer when asked if he supports Vice President Harris
The International Longshoremen's Association, which represents 45,000 striking workers in the United States, said the union and USMX had “reached a tentative agreement on wages, extending the master contract until January 15, 2025, and repaying all other unpaid wages.” We have agreed to return to the negotiating table to negotiate.” problem. “
Harris seemingly agrees with the union's decision to fight for better wages, saying, “This is about fairness, and our economy is at its best when workers share in record profits.” It works well. Longshoremen deserve a fair share for their hard work delivering essential goods to their communities.” all over America. ”
On October 1, 2024, longshoremen go on strike at the Bayport Container Terminal in Seabrook, Texas. Officials at 14 ports along the eastern and Gulf coasts of the United States were making last-minute preparations for a potential labor strike on September 30th. (Mark Felix/AFP via Getty Images)
Employees are scheduled to return on October 4, but many terminals have issued statements saying some terminals will remain closed.
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Transportation Secretary Pete Buttigieg issued a statement reassuring the United States that the transition would be an orderly and expedited process.
“I want to thank everyone involved for putting our country first, finding a path to reopening our ports, and ensuring essential goods are transported, including to areas hit hard by Hurricane Helen,” Buttigieg said. Ta.
The Port of Baltimore is considered a longshoreman due to the resignation of the International Longshoremen's Association (ILA) on October 1, 2024 in Baltimore, Maryland. (Photo by Kevin Dietsch/Getty Images)
“In the coming days and weeks, my department will continue to work closely with stakeholders across the U.S. supply chain to support the orderly process of reopening these ports and subsequent contract negotiations,” Buttigieg said. I will try my best to get good results.”
FOX Business' Bradford Bets and Breck Dumas contributed to this report.
