iBankCoin
Joined Nov 11, 2007
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Worries Mount About Possible East Coast Port Strike

“The nation’s economy could take another multi-billion dollar hit if the International Longshoremen’s Association goes on strike at the end of this month at the nation’s major East Coast and Gulf Coast ports.

The contract between the ILA and the U.S. Maritime Alliance, which negotiates on behalf of management of the ports, terminals and shipping lines, is due to expire at 12:01 a.m. on Dec. 30. It covers the 14 major ports stretching from Boston to Houston.”

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