New Strike at U.S. Ports Threatens Industry Supply Chains, Grain Trade
Jan, 06, 2025 Posted by Denise VileraWeek 202502
Analysts are raising concerns over the potential resumption of a strike by International Longshoremen’s Association (ILA) workers, set to begin January 15, which could heavily disrupt U.S. industries, particularly the grain sector.
Back in October, a three-day strike—sparked by a deadlock over contract extensions—brought East Coast and Gulf Coast ports to a standstill, including major hubs like the Ports of New York and New Jersey and Savannah, Georgia.
While the October strike primarily affected container shipments—most U.S. grain exports move in bulk—analysts caution that a prolonged stoppage this time could have ripple effects on grain trade if it stretches beyond a few days.
Sources close to the negotiations report that port workers and employers are set to resume formal talks on January 7. However, union leaders have warned of a renewed walkout starting January 15, when the current contract expires.
The October strike ended after employers, under pressure from the Biden administration, agreed to a temporary six-year deal that included a 62% wage hike. A three-month contract extension was also put in place to allow time to address more contentious issues, including the use of automation at the ports.
President-elect Donald Trump’s vocal support for the ILA could embolden workers ahead of the looming deadline. Talks broke down in November when union leaders became frustrated with employer proposals to expand the use of semi-automated machinery at port facilities.
In December, Trump criticized automation, arguing it threatens American jobs. He also took aim at foreign-owned shipping companies—key players in the employer group—stating they should prioritize wage investments over automation.
Source: CNN Brasil
Click here to read the original article: https://www.cnnbrasil.com.br/economia/macroeconomia/nova-greve-em-portos-nos-eua-pode-afetar-industrias-e-comercio-de-graos/
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