Analysis-US port strike throws spotlight on big union foe: automation [Yahoo! Finance]
A.P MOLLER-MRS UNS/ADR (AMKBY)
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Source: Yahoo! Finance
Companies view automation as a path to better profit while unions see it as a job-killer. For North American dockworkers battling automation, Europe's port worker contracts may point a way to resolve the issue. Some 45,000 port workers from the International Longshoremen's Association union late on Thursday ended a three-day strike that had shut ocean shipping from Maine to Texas after reaching a tentative deal on wages. The workers and port operators agreed to extend their contract to Jan. 15, 2025, while talks continued. A key sticking point in the negotiations for a new six-year labor contract is automation. "We got to keep fighting automation and semi-automation," ILA's leader, Harold Daggett, told a group of workers during the strike outside the Maher terminal in Elizabeth, New Jersey, as they held signs reading "Machines don't feed families" and "Fight automation, save jobs." The union claims the use of an automated gate system at a port in Mobile, Alabama violates thei
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