Labor troubles are continuing on the West Coast with the announcement of the Port of Seattle shutting down due to the International Longshore and Warehouse Union (ILWU) refusing to dispatch labor to work at the container terminals.
The West Coast ports have faced continuous worker slowdowns and stoppages all week where an estimated $5.2 billion of trade is floating off the Ports of Los Angeles, Long Beach, and Oakland. In an email statement, the ILWU said the union remains committed to bargaining a contract that is “fair and equitable and represents the hard work and contributions of its members toward the ongoing success of the multibillion-dollar shipping industry.”
Source: cnbc.com