Instant Reaction: US Dockworkers Suspend Strike
Bloomberg Surveillance
Bloomberg
3.8 • 1.2K Ratings
🗓️ 3 October 2024
⏱️ 6 minutes
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Summary
Dockworkers at US East and Gulf coast ports agreed to start moving cargo again while they continue collective bargaining with their employers on a new contract. For instant reaction and analysis, host Doug Krizner spoke with Bloomberg managing editor for US economic policy Kate Davidson.
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| 0:00.0 | Join us in Los Angeles or virtually on October 8th for Bloomberg's business value of AI event and networking reception. |
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| 0:29.0 | Bloomberg Audio Studios. |
| 0:34.4 | Podcasts, Radio News. |
| 0:37.2 | From Bloomberg World Headquarters in New York, I'm Doug Krizner, and we begin with this breaking |
| 0:42.2 | news, the Union representing striking US dock workers |
| 0:46.1 | at East and Gulf Coast ports, has reached a deal to suspend its strike until January 15th. |
| 0:54.0 | Let's get a closer look now with Bloomberg's Kate Davidson, managing editor for U.S. |
| 0:59.0 | eco-policy joining us from Washington, D.C. |
| 1:01.8 | Thanks for making time, Kate. |
| 1:03.9 | As I understand it, both sides have reached |
| 1:06.2 | a tentative agreement on wages, right? |
| 1:08.4 | Although this is step one in trying |
| 1:10.3 | to get to a new six-year contract, right? |
| 1:13.4 | That's right. |
| 1:14.4 | I mean, one of the bigger issues that was really holding up an agreement here had to do with |
| 1:18.2 | automation. |
... |
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