ILA not giving in over jurisdiction and automation issues
NewsLongshoremen are back on the docks at US east and gulf coast ports, but the ILA has not contractually accepted the negotiated wage increase, and there are still issues to resolve.
Last year’s intense competition, slower than expected growth in traffic volumes and ongoing overcapacity, resulted in depressed freight rates and markedly poorer profitability for many liner shipping companies. And it seems the bigger the carrier, the worse the results.
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