Finance Fusion Network
  • Investing
  • Latest News
  • Editor’s Pick
  • Economy
  • Investing
  • Latest News
  • Editor’s Pick
  • Economy
No Result
View All Result
Finance Fusion Network
No Result
View All Result

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

by
December 31, 2024
in Investing
0
Maersk asks customers to remove cargo before potential strike at US ports

(Reuters) – Shipping giant AP Moller-Maersk has urged customers to pick up their laden containers and return the empty ones at the U.S. East and Gulf Coast ports before Jan. 15 to mitigate potential disruptions at the terminals on account of a strike.

“The conditional agreement on wages is set to expire on Jan. 15. If no agreement is reached by that date, a coast-wide strike on Jan. 16 is possible,” according to an advisory on Maersk’s website.

“The negotiations have had no new developments since our last communication,” it said.

A strike would halt billions in trade and raise inflationary pressures while threatening the existing supply chains.

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

But a threat of another strike looms large if the parties fail to reach a consensus over the unresolved decisions related to automation and its future at U.S. ports.

According to a Bloomberg News report, talks over the issue of automation have not appeared to be advancing, and neither the ILA nor USMX have indicated plans to return to the negotiating table before mid-January.

This post appeared first on investing.com
Previous Post

Amazon faces class action over misuse of $350M in 401(k) funds

Next Post

Recovering Netanyahu gets up from hospital to rally support for Israel budget

Next Post
Recovering Netanyahu gets up from hospital to rally support for Israel budget

Recovering Netanyahu gets up from hospital to rally support for Israel budget

  • Trending
  • Comments
  • Latest
DAVID MARCUS: Public broadcasting’s purpose has passed. It’s time to pull the plug

DAVID MARCUS: Public broadcasting’s purpose has passed. It’s time to pull the plug

February 7, 2025
Elon Musk connects with indie Andrew Yang on billionaire former Trump ally’s third party push

Elon Musk connects with indie Andrew Yang on billionaire former Trump ally’s third party push

July 8, 2025
Over 158 million Americans voted in 2024 as Trump reclaimed the White House

Over 158 million Americans voted in 2024 as Trump reclaimed the White House

July 7, 2025
Markets may be repeating the mistake of 2019, Goldman Sachs warns

Markets may be repeating the mistake of 2019, Goldman Sachs warns

January 27, 2025
Thune lays groundwork for nuclear option in Senate fight over Trump nominees

Thune lays groundwork for nuclear option in Senate fight over Trump nominees

0
Harris campaign officials explain what went wrong –  and what Trump did right: report

Harris campaign officials explain what went wrong – and what Trump did right: report

0
New Republican Governors Association chair says ‘focus’ is on helping Trump get ‘off to a strong start’

New Republican Governors Association chair says ‘focus’ is on helping Trump get ‘off to a strong start’

0
NVIDIA Corporation (NASDAQ:NVDA) shares fell roughly 3%

NVIDIA Corporation (NASDAQ:NVDA) shares fell roughly 3%

0
Thune lays groundwork for nuclear option in Senate fight over Trump nominees

Thune lays groundwork for nuclear option in Senate fight over Trump nominees

September 8, 2025
Epstein estate hands over ‘birthday book,’ contact list to House investigators

Epstein estate hands over ‘birthday book,’ contact list to House investigators

September 8, 2025
Supreme Court temporarily greenlights firing of Biden-appointed FTC commissioner

Supreme Court temporarily greenlights firing of Biden-appointed FTC commissioner

September 8, 2025
LAPD ends Kamala Harris security after union backlash over elite officer use: report

LAPD ends Kamala Harris security after union backlash over elite officer use: report

September 8, 2025

    Fill Out & Get More Relevant News

    Stay ahead of the market and unlock exclusive trading insights & timely news. We value your privacy - your information is secure, and you can unsubscribe anytime. Gain an edge with hand-picked trading opportunities, stay informed with market-moving updates, and learn from expert tips & strategies.

    Recent News

    Thune lays groundwork for nuclear option in Senate fight over Trump nominees

    Thune lays groundwork for nuclear option in Senate fight over Trump nominees

    September 8, 2025
    Epstein estate hands over ‘birthday book,’ contact list to House investigators

    Epstein estate hands over ‘birthday book,’ contact list to House investigators

    September 8, 2025
    Supreme Court temporarily greenlights firing of Biden-appointed FTC commissioner

    Supreme Court temporarily greenlights firing of Biden-appointed FTC commissioner

    September 8, 2025
    LAPD ends Kamala Harris security after union backlash over elite officer use: report

    LAPD ends Kamala Harris security after union backlash over elite officer use: report

    September 8, 2025

    Top News

    Thune lays groundwork for nuclear option in Senate fight over Trump nominees

    Thune lays groundwork for nuclear option in Senate fight over Trump nominees

    September 8, 2025
    Epstein estate hands over ‘birthday book,’ contact list to House investigators

    Epstein estate hands over ‘birthday book,’ contact list to House investigators

    September 8, 2025

    Latest News

    • Thune lays groundwork for nuclear option in Senate fight over Trump nominees
    • Epstein estate hands over ‘birthday book,’ contact list to House investigators
    • Supreme Court temporarily greenlights firing of Biden-appointed FTC commissioner

    About Finance Fusion Network

    • About us
    • Contact us
    • Privacy Policy
    • Terms & Conditions
    • About us
    • Contact us
    • Privacy Policy
    • Terms & Conditions

    Copyright © 2024 Financefusionnetwork.com. All Rights Reserved.

    No Result
    View All Result
    • Investing
    • Latest News
    • Editor’s Pick
    • Economy

    Copyright © 2024 Financefusionnetwork.com. All Rights Reserved.