SMU: ILA rejects 50% raise, strikes ports on East Coast, Gulf Coast
The ILA seeks higher wages and limits to automation, which the union sees as an existential threat to its members' jobs.
The ILA seeks higher wages and limits to automation, which the union sees as an existential threat to its members' jobs.
IIMA found that both European and U.S. manufacturing activity and oil consumption declined in 2023.
The USMCA partners have recently started to align their trade actions more closely but there are some inconsistencies between the countries.
A look at the news highlights as you close out your week.
Tariffs are here to stay, according to the SMA president.
Sometimes, no news is good news, but not when you're at a conference where contracts are supposed to be written up at.
Roughly 25,000 union dock workers at ports from Maine to Texas are preparing to strike on Tuesday, Oct. 1.
The Chinese government announced it will start programs to support its construction and steel industries.
Net growth in job creation correlates to increased steel consumption, and of course, more scrap demand, as recycled metals serve as the primary feedstock for steel production.
The fourth quarter may have some relief for both trade industries, with the ferrous raw materials prices usually starting to rise during the fall and winter months.