In Reply to: Dockworkers strike suspended until Jan 15? posted by russsmith on October 03, 2024 at 15:57:26
The other day:
Typically, longshoremen dock strikes are short because they can shut down all the ports and this economic clout can lead to concessions from rhe employers
Reports state that a tentative agreement has been reached on wages and the parties agreed to a 90 day extension while they hammer out other terms.
According to WSJ, the employers agreed to the union’s higher wage demand in the tentative agreement, which again is what I thought a likely outcome.