The International Longshoremen's Association (ILA) workers union and United States Maritime Alliance (USMX) port operators announced the deal and an immediate end to the strike late on Thursday.
54 container ships queued outside ports, risking shortages Tentative deal includes 62% wage hike over six years, sources say Strike cost US economy ... dockworkers and port operators reached ...
WBFF- Baltimore, MD — Last week 50 thousand striking port workers across the U.S., including here in Baltimore went back to work after landing a contract extension. The strike that lasted 3 days ...
SEOUL/LONDON, Oct 4 (Reuters) - Shares in shipping companies fell heavily in Europe and Asia on Friday after workers and U.S. port operators agreed a deal to end a strike on the East and Gulf ...
The union has extended its master contract with the United States Maritime Alliance as negotiations continue. The International Longshoremen's Association strike is canceled, at least for now.
The strike ended sooner than investors had expected, weakening shipping stocks as freight rates were no longer expected to surge. "The port strike ended fairly quickly, removing any significant ...
Shares in shipping companies fell heavily in Europe and Asia on Friday after workers and U.S. port ... as the strike ended," said Yang Ji-hwan, an analyst at Daishin Securities. Join us at the ...
The ILA launched the strike by 45,000 port workers, their first major work stoppage since 1977, on Tuesday, affecting 36 ports from Maine to Texas. JP Morgan analysts estimated the strike would cost ...
(Reuters) — US ... and port operators reached a wage deal to settle the industry's biggest work stoppage in nearly half a century, but clearing the cargo backlog will take time. The strike ...