ILA breaks off East Coast port contract talks [Yahoo! Finance]
Freightcar America, Inc. (RAIL)
Last freightcar america, inc. earnings: 2/26 08:06 pm
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Source: Yahoo! Finance
automation technology into a new coastwise labor pact that would eliminate union jobs. The ILA and employers represented by the United States Maritime Alliance this week resumed bargaining on a new six-year master contract covering 45,000 union workers involved in container handling at dozens of East and Gulf Coast ports. In a statement posted to social media and then taken down, the ILA said that in meetings in New Jersey, “USMX introduced language in their proposal for semi-automated equipment to be used at ILA ports, which this union outright rejected. The ILA recognized this as a renewed attempt by USMX to eliminate ILA jobs with automation and broke off talks.” The ILA has been adamant that it will not permit automation technology as part of a new coastwise contract. A three-day strike by the union in early October brought container handling at 36 port facilities to a halt and threatened the flow of billions of dollars worth of goods. The strike ended when Biden administrat
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RAIL
Earnings
- 11/12/24 - Beat
RAIL
Sec Filings
- 11/18/24 - Form 4
- 11/12/24 - Form 8-K
- 11/12/24 - Form 10-Q
- RAIL's page on the SEC website