United States | News & Politics

7216 readers

225 users here now

founded 4 years ago

MODERATORS

pangyuehung@lemmy.ml

yogthos@lemmy.ml

Freight rates rise as companies plan for costly US port strike (www.ft.com)

submitted 1 month ago by yogthos@lemmy.ml to c/usa@lemmy.ml

3 comments fedilink hide all child comments

https://archive.ph/b1h2h

you are viewing a single comment's thread
view the rest of the comments

[–] yogthos@lemmy.ml 5 points 1 month ago (2 children)

Note how there's no discussion of what this port workers want is anywhere in the FT article. I dug around a bit, and apparently they want a significant raise over the next 6 year contract.

Top-scale port workers now earn a base pay of $39 an hour, or just over $81,000 a year.

https://abc7ny.com/post/us-consumer-news-ports-seek-order-force-dockworkers-bargaining-table-strike-looms-east-gulf/15363919/

Seems pretty reasonable, weird how the reasons for the strike are pretty much never discussed in the media.

[–] davel@lemmy.ml 4 points 1 month ago (1 children)

People read FT for line go up, so worker demands ought to be relevant.
$81,000 × 75% × 25,000 ≈ 1.5 billion
That’s just base rate. About a third of them make ~150% more. So they want over two billion more per year total.

[–] yogthos@lemmy.ml 3 points 1 month ago

exactly