Get Ready For A Dockworker Strike That Could Disrupt Everything From Medicine To Holiday Gifts

asheffey@businessinsider.com (Ayelet Sheffey,Juliana Kaplan), Business Insider
Tue, 09/24/2024 - 1:29am

iStock; Rebecca Zisser/BIThe International Longshoreman's Association will strike on October 1 if its wage demands aren't met.The strike would impact the import and export of goods across most industries, from retail to cars.Just a two-week strike could disrupt supply chains until 2025, one expert said.A major maritime workers strike is looming, and it could mean a shutdown of key goods — from cars to food — across the East and Gulf Coasts.The International Longshoreman's Association, the largest union of maritime workers in the US, announced last week that it was prepared to strike on October 1 if demands in their union contract, primarily higher wages, are not met."A sleeping giant is ready to roar on Tuesday, October 1, 2024, if a new Master Contract Agreement is not in place," ILA President Harold Daggett said in a statement.According to an ILA press release, the union wrote in a letter to its membership that its workers, who primarily work on shipping docks to load, unload, and inspect cargo and operate heavy machinery, are "struggling to pay their mortgages and rent, car payments, groceries, utility bills, taxes, and in some cases, their children's education," emphasizing the need for boosted pay in its upcoming contract.A strike would have widespread implications across the US, with significant shipment delays that could set off a chain reaction of disruptions."A prolonged strike could lead to weeks, or possibly months, of shipping delays and backlogs, worsened by limited rerouting options, high costs and time constraints," Abe Eshkenazi, CEO of the Association for Supply Chain Management, told BI.

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Topics:  ;window.addeventlistener(   ,(function(a){if(void 0!==a.data[    ila executive vice president dennis daggett said on september 20.    rebecca zisser/bithe international longshoreman's association   coasts   international longshoreman's association   master contract agreement   ila president harold daggett   abe eshkenazi   ceo   supply chain management   national association   manufacturers   gulf coast   united states maritime alliance   usmx   mia ginter   ch robinson   east coast   port authority   bethann rooney   west coast jonathan gold   national retail federation   transportation   statistics   steve burns   bi for   grace zwemmer   oxford economics   sea-intelligence   biden   houston   business insider   association   longshore   october   bi the   ginter   port   new york   jersey   york   ready   strike   disrupt   holiday   impact   wrote   goods   union   workers   delays   lead   products   potential   chains   industries   told   cargo   shipping   retailers   shipments   cars   primarily   price   parts   two-week   place   year   demands   production   wage   pharmaceuticals   weeks   remains   continue   significant   work   trade   face   early   press   economy   lost   unload   billion   pay   sides   high   director   receive   
BING NEWS:
  • Montreal Dockworker Lockout Will Impact Canada in ‘Matter of Days’
    The port's employers locked out 1,200 dockworkers after they rejected a "final" contract offer Sunday, closing four major container terminals.
    11/11/2024 - 6:29 am | View Link
  • Dockworker Lockout Begins at Canada’s Largest Ports
    Dock employers in British Columbia shut out workers Nov. 4 after a union’s strike notice, bringing trade to a halt across Canada’s busiest and third-busiest ports.
    11/4/2024 - 5:25 am | View Link
  • Greek ferry crews call off strike early ahead of three-day holiday weekend
    The strike had threatened to disrupt the travel plans of thousands of Greeks heading to islands for a long weekend ahead of a national holiday on Monday. The Greek seamen’s union said their strike ...
    10/25/2024 - 12:55 am | View Link
  • More

 

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