President Biden is advocating for fair contracts between port companies and the 45,000 dockworkers on strike, stressing the economic impact of the shutdown on East and Gulf Coast ports. Transportation Secretary Pete Buttigieg echoed this sentiment while warning companies against exploiting the situation for profit, emphasizing the need for negotiations to be conducted in good faith to protect both workers and consumers.
Transportation Secretary Pete Buttigieg has voiced strong concerns over companies potentially profiting from the dockworkers' strike. He stated, 'No one should exploit a disruption for profit, especially at a time when whole regions of the country are recovering from Hurricane Helene!' This highlights the urgent need for fair negotiations that consider the financial burdens shouldered by workers and communities.
In response to the strike's significant economic consequences, Transportation Secretary Buttigieg added, 'The Federal Maritime Commission will ensure that all fees imposed during this period are legitimate and lawful.' This underscores a commitment to protecting consumers from unfair costs and reinforcing the necessity of fair practices during negotiations.
President Biden remarked on X that ocean carrier companies need to offer a 'strong and fair contract' that acknowledges workers’ contributions post-pandemic and the record profits of these shipping companies. His administration is actively monitoring for price gouging, mentioning, 'No company should exploit this for profit.' This statement emphasizes the administration's proactive stance on economic fairness.
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