Workers affiliated to the International Longshoremen's Union (ILU) walked off their jobs at midnight on October 1 across the U.S. East Coast ports as talks failed between the union and the United States Maritime Alliance (USMX). USMX, in its efforts to avoid the strike, made a last ditch attempt by offering a 50 percent increase in wages over six years - an offer rejected by ILU, CNBC reported. "Based on data from ImportGenius, which tracks the bills of lading — the digital receipts of cargo containers — a total of 54,456 TEUs arrived on Friday at the 14 ports operating under the master contract between ILA and USMX. The approximate value of that freight was upward of $2.7 billion, based on an MDS Transmodal estimate of $50,000 per container. For the weekdays between September 23-27, a total of 273,417 TEUs were imputed through customs at these ports with a value of approximately $13.67 billion."
No comments:
Post a Comment