Dockworkers at ports from Maine to Texas began walking picket lines early Tuesday in a strike over wages and automation that could reignite inflation and cause…
J.P. Morgan estimated that a strike that shuts down East and Gulf coast ports could cost the economy $3.8 billion to $4.5 billion per day.Dockworkers at ports from Maine to Texas began walking picket lines early Tuesday in a strike over wages and automation that could reignite inflation and cause shortages of goods if it goes on more than a few weeks.
“The ILA is fighting for respect, appreciation and fairness in a world in which corporations are dead set on replacing hard-working people with automation,” the statement said. “Robots do not pay taxes and they do not spend money in their communities.” “We are hopeful that this could allow us to fully resume collective bargaining around the other outstanding issues in an effort to reach an agreement,” the alliance statement said.
“We are handling this just like we would during the ramp up to a possible hurricane,” Joe Harris, the port’s spokesperson, told The Associated Press. “And we will bring it back online just as we would recovering from a hurricane. We have an experienced team. We’ve done this in the past.”
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