Worries Mount on East Coast Port Strike
http://money.cnn.com/2012/12/14/news...t-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.
At issue is management's demand to cap payments that are made to longshoremen based on the volume of containers they load and unload, estimated at about $15,000 a year per employee. That's in addition to the average ILA salary of $100,000 in wages, and more than $20,000 in benefits.
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