Peter Tirschwell of the S&P Journal of Commerce reports that the International Longshoremen’s Association has pledged not to extend its contract past the expiration at the end of September 2024, raising the risk of a strike in October if the union doesn’t reach a deal with employers at East and Gulf Coast ports. Tirschwell writes:
The president of the union representing dockworkers on the US East and Gulf coasts on Saturday told his members to be prepared for a strike next year, raising the possibility of what would be the first major labor disruption on the coasts since 1977.
International Longshoremen’s Association (ILA) President Harold Daggett in a statement told rank-and-file members they “should prepare for the possibility of a coast-wide strike in October 2024.” Daggett said he will present an update on wage negotiations with ocean carriers and other waterfront employers at an ILA meeting this week in Nashville.
“The ILA leader will caution…
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