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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 strike would cause billions of dollars in economic damage and force shippers to divert more products to land in the West Coast, adding distance, time and costs for many importers and retailers.
Union workers at ports in the East and Gulf coasts earn a base wage of $39 an hour after six years on the job compared to reports that West Coast union workers, which make $54.85 an hour.
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 ...
"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 ...
Co-existing tree and plant species will gain in the void left by the affected species, but often providing different functions. Eastern hemlock, for example, is commonly replaced by black birch in the northeast—a slow-growing, shade-tolerant and deep shade producing evergreen tree, replaced by a fast-growing, open, deciduous tree. While short ...
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 ...