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Maersk asks customers to remove cargo before potential strike at US ports By Reuters

by Reuters
December 31, 2024
in Finance
Reading Time: 2 mins read
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(Reuters) – Transport large AP Moller-Maersk has urged prospects to choose up their laden containers and return the empty ones on the U.S. East and Gulf Coast ports earlier than Jan. 15 to mitigate potential disruptions on the terminals on account of a strike.

“The conditional settlement on wages is ready to run out on Jan. 15. If no settlement is reached by that date, a coast-wide strike on Jan. 16 is feasible,” in keeping with an advisory on Maersk’s web site.

“The negotiations have had no new developments since our final communication,” it mentioned.

A strike would halt billions in commerce and lift inflationary pressures whereas threatening the present provide chains.

The Worldwide Longshoremen’s Affiliation (ILA), a union with greater than 45,000 members, and the USA Maritime Alliance (USMX) in October had agreed to a wage deal of a 62% hike over six years, ending a three-day strike.

However a menace of one other strike looms giant if the events fail to achieve a consensus over the unresolved choices associated to automation and its future at U.S. ports.

In line with a Bloomberg Information report, talks over the problem of automation haven’t seemed to be advancing, and neither the ILA nor USMX have indicated plans to return to the negotiating desk earlier than mid-January.





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