'We'll shut them down': Labor union says it's far apart from U.S. ports on new contract as Oct. 1 strike looms
Publishing timestamp: 2024-09-04 14:51:31
Summary
Talks between ILA and ports management have broken down over automation, potentially leading to a strike at U.S. East Coast and Gulf Coast ports on October 1. Companies are rerouting freight to West Coast ports in anticipation of delays. The Biden administration supports collective bargaining but is monitoring the situation. Shippers are preparing for potential disruptions, with fears of a strike impacting industries operating on a just-in-time inventory model. East Coast ports are facing potential congestion and delays, with concerns about the impact on the supply chain.
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Keywords: united states, business news, strikes, ap moeller - maersk a/s, labor policy, transportation and shipping, labor unions, ch robinson worldwide inc, breaking news: business, labor economy, shipping, transportation,