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The research group further predicted that the losses per day would accelerate the longer the strike went on. [10] J.P. Morgan estimated a higher $3.8 billion to $4.5 billion loss per day for the economy for the length of the strike, with some losses recovered following the strike's end. [6]
Dockworker strike shuts down ports in the East, threatening big hit to the U.S. economy. Don Lee. October 1, 2024 at 10:05 AM. Workers take part in a port strike in Bayonne, N.J. (Eduardo Munoz ...
The union representing 45,000 striking U.S. dockworkers at East and Gulf coast ports reached a deal Thursday to suspend a three-day strike until Jan. 15 to provide time to negotiate a new contract.
The strike affecting 36 ports is the first by the union since 1977. ... Dockworker Meikysha Wright and others strike outside the Virginia International Gateway in Portsmouth, Va., on Oct. 1, 2024. ...
Long lines of container ships queued up outside major U.S. ports on Thursday as the biggest dockworker strike in nearly half a century entered its third day preventing unloading and threatening ...
In their first strike since 1977, ILA dockworkers have been pushing for a 77% pay raise over the life of the contract and a halt on automation that could replace union jobs at U.S. ports.
Even a short strike at East and Gulf Coast ports could disrupt U.S. supply chains until 2025, ... LA winds to intensify; officials 'grid searching' for fire victims: Live updates. Weather.
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 ...