Big Take Podcast
Inside the Deal That Held Off the Dock Workers Strike
Dockworkers and shipping companies made a surprise deal following a massive strike, deferring potentially devastating impacts on the economy.
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Shipping ports all along the East Coast and Gulf Coast shut down earlier this week, as the 47,000 members of the International Longshoremen’s Association went on strike. Their demands: A pay raise of nearly 80% over 6 years and strict limits on the use of automation in the nation’s ports. Shipping companies refused and worries mounted that the strike could drag on for weeks, creating gridlock at the ports, and recreating some of the pandemic-era supply chain snarls.