Index-linked agreements: 'shippers have to have the stomach for them'
Shippers pondering the pros and cons of index-linked agreements (ILAs) “have to have the stomach ...
New York Terminal Photo: Mandritoiu | Dreamstime.com
Even before contract negotiations get under way, the threat of a strike shutting down US ports on the east and Gulf coasts next year is looming.
The International Longshoremen’s Association (ILA), which represents 45,000 dock workers at the ports, reaffirmed its commitment ...
Comment on this article
Dwight Campbell
November 08, 2023 at 2:48 pmI always wonder why these strike positions are taken when the industry is in the worst slump of this millennium. It just leads me to believe more intensely that the workers/unions don’t understand that the industry is doing everything in it’s power to reduce it’s mega-losses for what appears to be an extended period into the future. At least an extension might buy the unions some time to maybe see monetary light at the end of the tunnel. I wish them all the best but there’s no money for the status quo now, let alone any big raises/bonuses.