Biden Scolds Ocean Carriers For Not Paying Dockworkers “Fair” Wages By John Gallagher of FreightWaves President Joe Biden broke his silence on the labor dispute between the International Longshoremen’s Association (ILA) and the United States Maritime Alliance (USMX) by accusing employers of hoarding profits. “Ocean carriers have made record profits since the pandemic and in some cases profits grew in excess of 800 percent compared to their profits prior to the pandemic,” Biden said in a statement issued by the White House on Tuesday, after the ILA went on strike at 14 ports on the U.S. East and Gulf coasts,… — Continue at ZeroHedge News : Read More
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