meta_pixel
Tapesearch Logo
Log in
Marketplace All-in-One

Supply chain drama … again

Marketplace All-in-One

Marketplace

News, Business

4.81.3K Ratings

🗓️ 11 June 2024

⏱️ 7 minutes

🧾️ Download transcript

Summary

We’re heading into another summer with the specter of serious supply chain disruptions. The union representing dockworkers at ports on the East and Gulf Coasts has called off negotiations with shipping companies, because the union says those companies are trying to replace workers with automation. Also: a look at how failing to meet kids’ basic needs hurts their educational outcomes and how bankruptcy has become an “escape hatch” for big corporations.

Transcript

Click on a timestamp to play from that location

0:00.0

Supply Chain Drama, the sequel.

0:05.0

From Marketplace, I'm Sabrie Benashore, in for David Brancaccio.

0:08.0

We're heading into another summer with the specter of serious disruptions at ports snarling supply chains.

0:14.7

Last year it was at west coast ports.

0:16.4

This year it is at ports along the east and gulf coasts.

0:19.9

The union representing dock workers there is called off negotiations with shipping companies because The Union

0:23.4

with shipping companies because the Union says those companies are trying to

0:27.2

replace workers with automation.

0:29.3

Marketplace's Nova Safo has the details.

0:31.6

The International Longshoremen's Association was supposed to hold talks today with the US Maritime Alliance,

0:38.0

which represents shipping companies at East and Gulf Coast ports.

0:42.0

The Union called off the negotiations after it said it discovered

0:45.4

use of automated technology at the Port of Mobile, Alabama. The Union says the technology

0:50.6

is likely being used at other ports as well in violation of its current

0:54.8

labor agreement. The union pointed fingers at shipping giant Mersk, but the company told

0:59.9

CMBC that it was in compliance with its labor contract. The use of automation

1:04.4

and semi-automation tools is a sore spot for the dock workers union and

1:08.0

negotiations are at a critical phase with the so-called master contract between the two sides set to expire at the end of September.

1:16.0

Talks between a separate union and West Coast ports became acrimonious last year with work slowdowns and stoppages threatening fragile supply chains.

1:25.4

The White House intervened, finally helping the two sides reach a deal in June of last year after

1:30.7

13 months of talks. I'm Novisafo for Marketplace.

1:35.0

The economic situation of a child at home has a direct relationship to how things go at school.

...

Please login to see the full transcript.

Disclaimer: The podcast and artwork embedded on this page are from Marketplace, and are the property of its owner and not affiliated with or endorsed by Tapesearch.

Generated transcripts are the property of Marketplace and are distributed freely under the Fair Use doctrine. Transcripts generated by Tapesearch are not guaranteed to be accurate.

Copyright © Tapesearch 2025.