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What You Need to Know About Port Labor Negotiations
Right now, 29 West Coast ports and the International Longshore and Warehouse Union (ILWU), who represent approximately 15,500 dockworkers, are in the final stages of negotiating a new labor contract that covers everything from pay to operational work rules, according to the U.S. Chamber of Commerce.
Recent and ongoing work stoppages at ports along the West Coast are raising significant concerns among the business community that a large-scale work stoppage is imminent and how it could affect the wider economy.
In a recent blog post, the U.S. Chamber of Commerce compiled all the details of the current situation and the potential impacts of a work stoppage.
Click here to read the full story.