Negotiations between the port workers union and the companies that employ them have gone on for 13 months with no wage agreement in sight. The port is one of the Bay Area's biggest economic engines, directly supporting 38,000 jobs, and a strike may occur.
For more than a year, the longshoremen's union has been in unfruitful negotiations with the shipping lines and terminal operators. Last November, union members picketed over the lack of progress with an industry that made hundreds of billions of extra dollars from inflationary, sky-high pandemic shipping rates.
The ship operators, cargo terminals and union agreed to a "no strikes and no lockouts" pledge. They've even agreed to not talk to the news media about issues that deeply impact the U.S. and world economy."We aren't going to settle for an economic package that doesn't recognize the heroic efforts and personal sacrifices of the workforce that lifted the shipping industry to record profits," said the International Longshore and Warehouse Union.
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