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54 container ships queued outside ports, risking shortages Tentative deal includes 62% wage hike over six years, sources say Strike cost US economy ... dockworkers and port operators reached ...
The International Longshoremen's Association (ILA) workers union and United States Maritime Alliance (USMX) port operators announced the deal and an immediate end to the strike late on Thursday.
The post Shipping stocks tumble as US port strike ends earlier than expected, Maersk drops by 8% appeared first on Invezz ...
The deal ends ... strike-hit East Coast and Gulf Coast ports by Wednesday, up from just three before the strike began, according to Everstream Analytics. The union launched the strike by 45,000 ...
SEOUL/LONDON (Reuters) -Shares in shipping companies fell heavily in Europe and Asia on Friday after workers and U.S. port operators agreed a deal to end a strike on the East and Gulf coast docks ...
PortMiami and Port Everglades staff returned to work after ... The International Longshoremen's Association strike is canceled, at least for now. On Oct. 3, the ILA released a statement that ...
The strike ended sooner than investors had expected, weakening shipping stocks as freight rates were no longer expected to surge. "The port strike ended fairly quickly, removing any significant ...
(Reuters) — US ... and port operators reached a wage deal to settle the industry's biggest work stoppage in nearly half a century, but clearing the cargo backlog will take time. The strike ...
The ILA launched the strike by 45,000 port workers, their first major work stoppage since 1977, on Tuesday, affecting 36 ports from Maine to Texas. JP Morgan analysts estimated the strike would cost ...