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The Anderson Economic Group estimated that the U.S. economy would lose $2.1 billion from a one-week strike, $1.5 billion due to the loss in value or degradation of items such as perishable goods, $400 million for transportation company losses, and $200 million in lost wages for the striking port workers.
The union representing thousands of dockworkers from Maine to Texas launched a strike over wages and the use of automation, shutting down major seaports. Dockworker strike shuts down ports in the ...
"A port strike could cost the U.S. economy billions of dollars a day, hurting American businesses, workers and consumers across the country," Business Roundtable CEO Joshua Bolten said in a ...
Dockworkers at ports from Maine to Texas began walking picket lines early Tuesday in a strike over wages and automation that could reignite inflation and cause shortages of goods if it goes on ...
Roughly 25,000 dockworkers went on strike this week at ports along the East and Gulf Coasts of the U.S. to rally for higher pay and stronger guardrails around their jobs being automated out of ...
The word stevedore (/ ˈ s t iː v ɪ ˌ d ɔːr /) originated in Portugal or Spain, and entered the English language through its use by sailors. [3] It started as a phonetic spelling of estivador or estibador (), meaning a man who loads ships and stows cargo, which was the original meaning of stevedore (though there is a secondary meaning of "a man who stuffs" in Spanish); compare Latin ...
Even a short strike at East and Gulf Coast ports could disrupt U.S. supply chains until 2025, according to one ... "We urge both sides to find common ground and keep the cargo flowing for the good ...
With a strike deadline looming, the group representing East and Gulf Coast ports is asking a federal agency to make the Longshoremen's union come to the bargaining table to negotiate a new contract.