Suggesting Finance
No Result
View All Result
  • Login
  • Home
  • Business
  • Finance
  • Mortgage
  • Banking
  • Credit Cards
  • Investing
  • Loans
  • Saving
  • Taxes
  • More
    • Markets
    • Economy
    • Real Estate
    • Crypto
Subscribe For Alerts
  • Home
  • Business
  • Finance
  • Mortgage
  • Banking
  • Credit Cards
  • Investing
  • Loans
  • Saving
  • Taxes
  • More
    • Markets
    • Economy
    • Real Estate
    • Crypto
No Result
View All Result
Suggesting Finance
No Result
View All Result
Home Economy

Dockworkers' union, employers to resume talks as strike threat looms

News Room by News Room
January 10, 2025
Reading Time: 2 mins read
0
Dockworkers' union, employers to resume talks as strike threat looms

The labor union representing the 45,000 U.S. dockworkers who went on strike in the fall is returning to the negotiating table with port employers amid threats of carrying out another strike at East and Gulf Coast ports this month.

FOX Business confirmed Thursday that the International Longshoremen’s Association (ILA) and United States Maritime Alliance (USMX) will resume contract discussions on Tuesday after talks broke down in November. The deadline to reach a deal before another strike is Jan. 15.

Both parties signed a tentative deal in October — which gave workers a 62% wage hike over six years — to end a three-day strike, but left issues related to automation unresolved.

The two sides are still at an impasse over automation. If a second strike occurs, the wage agreement agreed to in principle that ended the first strike would be taken off the table, and both sides would be back at square one.

ECONOMIST WARNS THAT AMAZON, STARBUCKS STRIKES COULD ‘BACKFIRE’

President-elect Trump expressed his support for dockworkers’ pushback against automation at U.S. ports last month after he met with ILA President Harold Daggett and Executive Vice President Dennis Daggett. 

Harold Daggett

TRUMP HAS TO WALK A TIGHTROPE WITH STRIKING UNIONS: JEFF SICA

“The amount of money saved [from automation] is nowhere near the distress, hurt, and harm it causes for American Workers, in this case, our Longshoremen,” Trump wrote on his Truth Social platform. “Foreign companies have made a fortune in the U.S. by giving them access to our markets. They shouldn’t be looking for every last penny knowing how many families are hurt.”

President-elect Trump

“They’ve got record profits, and I’d rather these foreign companies spend it on the great men and women on our docks, than machinery, which is expensive, and which will constantly have to be replaced,” the president-elect continued. 

GET FOX BUSINESS ON THE GO BY CLICKING HERE

A source told FOX Business at the time that the USMX had a meeting set up with Trump’s transition team, but did not reveal when it would occur.

FOX Business’ Daniel Hillsdon and Reuters contributed to this report.

Read the full article here

ShareTweetSendSend

Related Posts

Used car prices hit their highest level in nearly 3 years as wholesale demand stays strong
Economy

Used car prices hit their highest level in nearly 3 years as wholesale demand stays strong

April 19, 2026
More American workers are struggling than thriving for first time: poll
Economy

US workers increasingly trapped in the 'Great Detachment' as hiring slows, report shows

April 18, 2026
Fed official says interest rate hike possible as gas prices, inflation remain elevated
Economy

Fed official says interest rate hike possible as gas prices, inflation remain elevated

April 17, 2026
Tax filing season is officially here: what you need to know
Economy

5 common mistakes that could be costing American taxpayers thousands of dollars every year

April 16, 2026
Is grocery relief a myth? Why coffee and beef prices are erasing your savings at the checkout
Economy

Is grocery relief a myth? Why coffee and beef prices are erasing your savings at the checkout

April 15, 2026
Inflation rises 2.6% in October, in line with expectations
Economy

Fed's favored inflation gauge remained elevated in February, delayed report shows

April 14, 2026

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

Suggesting Finance

We bring you the best Premium WordPress Themes that perfect for news, magazine, personal blog, etc. Visit our landing page to see all features & demos.

LEARN MORE »

Recent Posts

  • Used car prices hit their highest level in nearly 3 years as wholesale demand stays strong
  • Mortgage rates fall as Iran ceasefire eases market tensions
  • US workers increasingly trapped in the 'Great Detachment' as hiring slows, report shows

Categories

  • Banking
  • Business
  • Credit Cards
  • Crypto
  • Economy
  • Finance
  • Investing
  • Loans
  • Markets
  • Mortgage
  • Real Estate
  • Saving
  • Taxes
  • Uncategorized
  • Privacy Policy
  • Terms of use
  • Advertise
  • Contact

© 2023 Suggesting Finance. All Rights Reserved.

No Result
View All Result
  • Home
  • Business
  • Finance
  • Mortgage
  • Banking
  • Credit Cards
  • Investing
  • Loans
  • Saving
  • Taxes
  • More
    • Markets
    • Economy
    • Real Estate
    • Crypto

© 2023 Suggesting Finance. All Rights Reserved.

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In
This website uses cookies. By continuing to use this website you are giving consent to cookies being used. Visit our Privacy and Cookie Policy.