U.S. Maritime Alliance

Strike Likely Averted at East Coast Ports

The union for longshoremen along the East Coast and Gulf of Mexico has agreed to extend its contract for 30 days, averting a possible strike that could have crippled operations at ports that handle about 40 percent of all U.S. container cargo, a federal mediator announced Friday.

Looming Port Strike Could Cost Economy Billions

Time is running out to avoid a strike at 14 ports from Boston to Houston that could choke off half of the ocean containers carrying goods to and from American shores. Businesses that depend on the flow of goods are warning of billions of dollars in economic damage.