Rep. Jeff Van Drew (R.N.J.) said on the “Evening Edit” that the possibility of port strikes across the United States could actually “exacerbate” supply chain problems.
As thousands of dockworkers prepare to strike if no deal is reached by Monday, one company leader is questioning union demands for a total ban on automation.
The International Longshoremen’s Association (ILA) said Sunday that its 85,000 members and “tens of thousands of longshoremen and maritime workers around the world” will be on picket lines on Tuesday, with lines ranging from Maine to Texas. announced a strike on all ports on the Atlantic and Gulf coasts. ”
The union is demanding higher wages and a complete ban on port automation, including cranes, gates and container movements for loading and unloading cargo.
Benchmark Capital’s Bill Gurley responded to the union’s demands on social media, writing that if unions seek a total ban on automation, the federal government should intervene.
Port employers meet with Biden administration as possibility of strike looms
“Outlawing the effective use of technology will undoubtedly destroy our country,” Gurley wrote. “We will become uncompetitive globally.”
The United States Maritime Alliance (USMX) represents employers at 36 ports that could be affected by the potential strike. (Sam Wolfe/Bloomberg via Getty Images, File/Getty Images)
The ILA and the United States Maritime Alliance (USMX), which represents employers at 36 seaports potentially affected by the strike, are at an impasse over issues including wages and port automation.
The White House confirmed that administration officials have met with both parties and urged them to continue negotiations. (Qian Weizhong/VCG via Getty Images, File/Getty Images)
“The United States Maritime Alliance (USMX) refuses to address a half-century of wage suppression that has seen ocean-going shipping profits soar from millions to billions while ILA shore wages have remained flat. “There are,” the ILA said on Sunday.
What products can be destroyed by a port strike?
A White House official told FOX Business on Friday that senior officials from the White House, Department of Labor, and Department of Transportation met with the parties ahead of a potential strike and “committed to returning to the negotiating table in good faith, fairness and good faith.” I admitted what I asked for. Quickly. “
National Tree Company CEO Chris Butler explains on “The Bottom Line” why he and other companies want a potential port strike resolved as the holiday season approaches. Explaining.
A potential port strike could disrupt a variety of import and export shipments from East Coast and Gulf Coast ports.
CLICK HERE TO GET FOX BUSINESS ON THE GO
The strike is estimated to cost the U.S. economy up to $5 billion per day, according to a JPMorgan analysis.
FOX Business’ Daniel Hillsdon and Eric Revell contributed to this report.
