Nearly 50,000 dockworkers launched a strike this week at ports from Maine to Texas — but, in a bizarre quirk that has resulted from massive concessions to the union over the decades, the affected ports only employ 25,000.
That’s because half of the dockworkers at the East and Gulf coast ports are allowed to sit at home collecting “container royalties” negotiated decades ago to protect against job losses that result from innovation. https://nypost.com/2024/10...
That’s because half of the dockworkers at the East and Gulf coast ports are allowed to sit at home collecting “container royalties” negotiated decades ago to protect against job losses that result from innovation. https://nypost.com/2024/10...
How did 50K dockworkers strike at US ports with only 25K jobs?
Half of the dockworkers at the East and Gulf coast ports are allowed to sit at home collecting “container royalties” negotiated decades ago to protect against job losses.
https://nypost.com/2024/10/04/business/how-did-50k-dockworkers-strike-at-us-ports-with-only-25k-jobs/
12:05 PM - Oct 05, 2024
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