Second US port strike averted as union, employers reach deal
The union representing 45,000 dock workers on the U.S. East and Gulf Coasts and their employers on Wednesday said they reached a tentative deal on a new six-year contract, averting further strikes that could have snarled supply chains and taken a toll on the U.
The bureaucracy is trying prevent an open conflict between dockworkers and the incoming fascist administration.
Economists predict that a short strike lasting a week or two would likely cause minimal damage to the U.S. economy, with GDP losses ranging from $1 billion to $5 billion per day. However, longer ...
The union and port employers are staring down a Jan. 15 deadline for contract negotiations amid fears of another strike.
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