U.S. Maritime Alliance

A container ship is docked at the Port of Miami on Dec. 27, 2012 in Miami, Fla. (credit: Joe Raedle/Getty Images)

Dockworker Strike Could Cost Companies $1 Billion A Day

Shipments of products as varied as flat-screen TVs, sneakers and snow shovels could sit idle at sea or get rerouted, at great time and expense, if more than 14,000 longshoremen go on strike as threatened — a wide-ranging work stoppage that would immediately close cargo ports on the East Coast and the Gulf of Mexico to container ships.


File photo of shipping containers. (credit: FRANK PERRY/AFP/Getty Images)

White House Urging Dockworkers, Shipping Companies To Reach Deal

The White House is urging dockworkers and shipping companies to reach agreement “as quickly as possible” on a contract extension for East Coast and Gulf Coast dockworkers whose existing pact expires this week.