East Coast port strike looms for first time since 1977. Here's what to know. [CBS News]
Evercore Inc. Class A (EVR)
Last evercore inc. class a earnings: 4/22 06:00 am
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Source: CBS News
that handle about half of all goods shipped in containers in and out of the U.S. Negotiations between the union representing dockworkers and a shipping industry group representing terminal operators and ocean carriers have been stalled for months, with both sides this week issuing conflicting statements about their willingness to bargain. Experts say a shutdown could severely hamper the flow of goods and raise shipping costs. Any spike in such expenses could be passed on to consumers just as U.S. inflation normalizes, and even potentially hinder the Federal Reserve as it finally pivots to lowering interest rates Here's what to know about the labor fight, which would be the first mass work stoppage at eastern ports in nearly half a century. What are the key issues in the labor dispute? The union representing dockworkers, the International Longshoremen's Association (ILA), is threatening to strike at 36 U.S. ports if a new labor deal with the United States Maritime Alliance (USM
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EVR
Earnings
- 7/24/24 - Beat
EVR
Sec Filings
- 8/22/24 - Form 4
- 8/21/24 - Form 144
- 8/2/24 - Form 10-Q
- EVR's page on the SEC website