50% of what you buy comes from west coast ports which can flex up some. It can be a pain but it will take weeks to reach the consumer and the election will be over. Companies are sitting on a lot of money to make it though a long strike. People are about as well off as they have been too so its possible it could be long impasse.
I can’t seem to fully unravel how they actually get paid. They negotiate with a group called the US a maritime alliance, which appears to be a consortium of shipping companies, management and terminals. But the ports are owned by the local authorities, who don’t appear to be part of the negotiations even though they’re collecting the fees which I would have assumed lay the workers. Is the alliance only bargaining for the privately owned portion of the ports?
Almost as good as pulling security out to clear path for assassins. (Their failure is how you know it was CIA Orchestrated) lol!
Supply-demand Bubba. Spin it as you like, at the end of the day you got the same amount of money chasing less product. = inflation. C'est la vie
the real issue is automation. it can do twice the work as humans and the workers don't want to get displaced by tech
It was clearly a joke only a buffoon (or some with a deep pathological obsession) would take it and make it into something else.
Ouch. You are trying to insult me. And it hurts. Your unkind words cut to the very core of my existence.
Define "their". Because: It's clearly in this guys interest. He's telling the US Maritime Alliance (which is filled with foreign shipping companies) "his workers" want 77% pay increease over 6 years and a stop to increased automation. The alliance said they'd do 50% over 6 years, triple retirement contributions and keep limits to automation roll out in place that are in currenct contract. Union said pound sand. The base pay for a unioned longshoreman is 80k, with some making up to 200k w/ overtime. 77% raise seems pretty insane. But I admittedly am not close to the situation. I'm just imagining any industry surviving a 77% increase in labor costs. Forcing companies to not automate is like trying to stop the tide. Good luck with that one. I'm all for the longshoremen being taken care of. This just smells political at this moment.
I’m not sure about these longshoremen. They want 70% raises and no technology and are willing to cripple the nations economy after a horrific natural disaster to get it?
The longshoremen are looking to increase the max hourly rate from $39/hour to $69/hour over the next 6 years. Aren’t there some illegals who can fill the labor gap at much lower hourly rates? How much do dockworkers make? Here are the striking workers' salaries.
Yeah, there is enough stockpiled in warehouses for 4-6 weeks for this to take any effect. An exception might be bananas which have to be rushed from the port to supermarkets because of how fast they go bad.
And avacados. Here's a 7 day overview of an avacodo's life on my counter: Hard as a rock -> rock -> rock -> rock -> rock -> rock -> mush
There was an article 5+ years ago on how inefficient our ports are because of labor contracts limiting the use of automation. Was just watching a vid of one of the Union leaders on da tube. Not bringing people to his cause. A bit like saying no robot welders in factories
Sounds like the government should enact some national emergency law and tell these guys to get back to work or be replaced.
It has to be dealt with now. Foreign ownership of our ports must be eliminated. All machinery now and in the future automation process must be made in the USA. The Taft-Hartley should be used by the Biden administration and send the workers back to work for the next 80 days. The workers and their management want all foreign ownership and automation gone. They should get this agreed upon in the next 60 days. Kick the foreigners to the curb and let the ILA know their future is on solid footing. Have to pay them more as well to keep up with inflation.
