Somewhere, there is a correlation between the two . . . The Atlantic and the Gulf of Mexico dockworker strikes are over. The strike by tens of thousands of dockworkers on the East and Gulf coasts has been called off, after the International Longshoremen’s Association and the U.S. Maritime Alliance, representing ocean carriers and port operators, reached a tentative agreement on wages. The two sides also agreed to extend the existing contract until Jan. 15, 2025. In the meantime, they will return to the bargaining table to negotiate all other outstanding issues, including the union’s demand on a ban on all automation at the ports. The International Longshoremen’s Association had been seeking -an-hour raises in each of the next six years,
Topics:
Angry Bear considers the following as important: 2024, Strike, toilet paper, US EConomics
This could be interesting, too:
NewDealdemocrat writes The ISM services index, measuring 75% of the economy, sounds an ‘all clear’ – for now, anyway
Arne writes Unwilling or Unable to Move
NewDealdemocrat writes September: A “soft landing” jobs report. But will the Fed use this to fall behind the curve again?
NewDealdemocrat writes Jobless claims: not so good as the headline, but not so bad either
Somewhere, there is a correlation between the two . . .
The Atlantic and the Gulf of Mexico dockworker strikes are over.
The strike by tens of thousands of dockworkers on the East and Gulf coasts has been called off, after the International Longshoremen’s Association and the U.S. Maritime Alliance, representing ocean carriers and port operators, reached a tentative agreement on wages.
The two sides also agreed to extend the existing contract until Jan. 15, 2025. In the meantime, they will return to the bargaining table to negotiate all other outstanding issues, including the union’s demand on a ban on all automation at the ports.
The International Longshoremen’s Association had been seeking $5-an-hour raises in each of the next six years, amounting to a 77% increase over six years. A day before the strike began, the U.S. Maritime Alliance had offered nearly 50% in raises.
Some Trivia on US Toilet Paper
Big run on toilet paper at the stores and warehouse venders.
Roughly 99% of toilet paper Americans use is made in the United States. Kimberly-Clark, Proctor & Gamble and Georgia-Pacific make a majority of the toilet paper in the United States.
A Kimberly-Clark paper mill in nearby Chester, Pennsylvania, produced 60% of the entire Scott 1000 type of Scott toilet paper in 2022. Kimberly-Clark’s plants in Jenks, Oklahoma, and Beech Island, South Carolina, also make toilet paper.
Thank goodness, hate to run out of toilet paper.