EconomyLens.com
No Result
View All Result
Wednesday, September 17, 2025
  • Home
  • Economy
  • Business
  • Markets
  • Tech
  • Editorials
EconomyLens.com
  • Home
  • Economy
  • Business
  • Markets
  • Tech
  • Editorials
No Result
View All Result
EconomyLens.com
No Result
View All Result
Home Economy

New York area port prepares for possible US strike disruption

Thomas Barnes by Thomas Barnes
September 24, 2024
in Economy
Reading Time: 4 mins read
A A
0
76
SHARES
956
VIEWS
Share on FacebookShare on Twitter

A strike would affect other large US ports, including Boston, Philadelphia, Charleston, Savannah, Tampa and New Orleans. ©AFP

New York (AFP) – New York area shipping officials urged customers to immediately retrieve their cargo ahead of a possible strike next week which would impact major US ports, according to a letter released Tuesday. Tens of thousands of port workers stand poised to walk off the job in a stoppage that would also affect myriad other industries from trucking to retail to rail just weeks before the 2024 presidential election.

Related

Canada central bank cuts key lending rate citing Trump tariffs

US Treasury official expected to be named IMF’s second-in-command: source

AI may boost global trade value by nearly 40%: WTO

EU says India’s Russian oil purchases, military drills hinder closer ties

US Fed set for first rate cut of 2025 as Trump pressure looms

In a letter to customers and partners, Bethann Rooney, port director for the Port Authority of New York and New Jersey, said users should pick up their import cargo before the September 30 expiration of a contract affecting ports in the Eastern and Gulf Coasts. “Although we remain hopeful that an agreement will be reached… preparations are underway for a potential strike effective 12 a.m. Tuesday, Oct. 1,” Rooney said. She told customers that “there will be no opportunities to deliver any cargo once a strike begins.”

Importers and logistics companies in recent days have warned of economic hardship from the possible stoppage, which appears more likely amid the lack of meaningful negotiations in recent weeks between the International Longshoremen’s Association (ILA) and the United States Maritime Alliance (USMX). A strike would affect other large US ports, including Boston, Philadelphia, Charleston, Savannah, Tampa, and New Orleans.

“We remain prepared to bargain at any time, but both sides must come to the table if we are going to reach a deal, and there is no indication that the ILA is interested in negotiating at this time,” USMX said Monday in a statement. The ILA has disputed the business group’s characterization of the stalemate as the result of a “misleading public campaign.”

While the two sides have communicated “multiple times” in recent weeks, the deadlock is because the business group continues to offer the ILA “an unacceptable wage increase package,” said an ILA media statement. “The blame for a coast-wide strike in a week that will shut down all ports on the Atlantic and Gulf Coasts falls squarely on the shoulders of USMX,” said ILA president Harold Daggett.

© 2024 AFP

Tags: economicslabor strikeshipping
Share30Tweet19Share5Pin7Send
Previous Post

Bolivian government rejects Morales ultimatum for cabinet reshuffle

Next Post

Crypto CEO and Bankman-Fried ex Caroline Ellison gets two-year sentence

Thomas Barnes

Thomas Barnes

Related Posts

Economy

Lower shipments to US, China weigh on Singapore August exports

September 17, 2025
Economy

US retail sales beat expectations in August despite tariffs

September 16, 2025
Economy

New round of US-China trade talks kicks off in Madrid

September 16, 2025
Economy

Lab-grown diamonds robbing southern Africa of riches

September 16, 2025
Economy

WTO fishing deal: the net results

September 16, 2025
Economy

Protesting Peru residents block trains to Machu Picchu

September 16, 2025
Next Post

Crypto CEO and Bankman-Fried ex Caroline Ellison gets two-year sentence

Asian markets boosted again after another Chinese rate cut

China cuts another key interest rate to boost economy

Restarting nuclear power plants: the unprecedented gamble in the US

0 0 votes
Article Rating
Subscribe
Notify of
guest
guest
0 Comments
Oldest
Newest Most Voted
Inline Feedbacks
View all comments
  • Trending
  • Comments
  • Latest

New York ruling deals Trump business a major blow

September 30, 2024

Elon Musk’s X fights Australian watchdog over church stabbing posts

April 21, 2024

Women journalists bear the brunt of cyberbullying

April 22, 2024

France probes TotalEnergies over 2021 Mozambique attack

May 6, 2024

New York ruling deals Trump business a major blow

77

Ghanaian finance ministry warns against fallout from anti-LGBTQ law

74

Shady bleaching jabs fuel health fears, scams in W. Africa

71

Stock markets waver, oil prices edge up

65

Asian markets fluctuate after Fed cuts interest rates

September 17, 2025

Meta expands AI glasses line in a bet on the future

September 17, 2025

Judge weighs court’s powers in Trump climate case

September 17, 2025

US stocks finish mixed as Fed cuts rates for first time in 2025

September 17, 2025
EconomyLens Logo

We bring the world economy to you. Get the latest news and insights on the global economy, from trade and finance to technology and innovation.

Pages

  • Home
  • About Us
  • Privacy Policy
  • Contact Us

Categories

  • Business
  • Economy
  • Markets
  • Tech
  • Editorials

Network

  • Coolinarco.com
  • CasualSelf.com
  • Fit.CasualSelf.com
  • Sport.CasualSelf.com
  • SportBeep.com
  • MachinaSphere.com
  • MagnifyPost.com
  • TodayAiNews.com
  • VideosArena.com
© 2025 EconomyLens.com - Top economic news from around the world.
No Result
View All Result
  • Home
  • Economy
  • Business
  • Markets
  • Tech
  • Editorials

© 2024 EconomyLens.com - Top economic news from around the world.