Don't know how the hell them shipping companies thought they would win this.
Stop being fucking GREEDY and share your profits with your employees.That goes for every damn corporation that makes massive profits BECAUSE of their employees
Chick-fil-A
Made over $21 billion in 2024, second to McDonalds and Starbucks. But employees' PAY does not reflect that
Striking port workers to return to work Friday as negotiators reach an agreement on wages
New YorkCNN —
Striking members of the International Longshoremen’s Association will be back to work at the ports on Friday, the union announced Thursday evening, as the union and the management group representing shipping lines, terminal operators and port authorities have reached a tentative deal on wages.
The union agreed to extend the contract it had with the United States Maritime Alliance, the management group known as USMX, which represents shipping lines, terminal operators and port authorities. That deal, which had expired at the end of Monday, will be now extended until January 15 and have the union members back on the job while the final details are worked out in a full agreement and it is ratified by the rank-and-file.
Terms of the tentative deal on wages were not immediately available Thursday evening.
Just last month, the International Association of Machinists (IAM) and jet maker Boeing reached a tentative deal that union leaders recommended their 33,000 members accept and even described as the best deal they had ever negotiated with the company. But union members voted nearly unanimously to reject it and have remained on strike since September 13.
The port strike was still in its early days, but it would have had broad ramifications for the US economy the longer it continued.
Business groups have been calling on the Biden administration to order strikers back to work. The work stoppage threatened the supply of everything from bananas to liquor to European luxury cars, all with the busy holiday shopping season less than two months away. And those shortages could have resulted in upward pressure on prices.
But President Joe Biden had refused to use powers he has under the Taft-Hartley Act to block or end the strike, saying he would not interfere with the collective bargaining process. Biden, Vice President Kamala Harris and Secretary of Transportation Pete Buttigieg had all called on the USMX to negotiate a deal with the ILA that fairly shared the record profits with members.
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