The strike by dockworkers, the first since 1977, threatens to disrupt the supply chain as the holiday season approaches, potentially raising prices and creating shortages.
The International Longshoremen's Association demands higher wages and a complete prohibition on automation in port operations, addressing inflation and slow wage growth over the years.
The U.S. Maritime Alliance reported progress on negotiations, urging the union to negotiate further without preconditions, stating their commitment to bargaining in good faith.
President Biden expressed optimism about the negotiations, suggesting that significant progress toward resolving the strike may be achieved soon amid escalating concerns over economic impacts.
[
Collection
]
[
|
...
]