ILA Strike Watch 2012: ILA Strike Postponed to 12/30 [BREAKING NEWS]

 In freight rates, ILA Strike, International Shipping

ILA Strike Watch 2012

The Federal Mediation & Concillaitor Service (FMCS) Director George H. Cohen has just announced that “…the parties have agreed to extend the collective bargaining agreement due to expire on September 30, 2012 for ninety (90) day period, i.e. through December 29, 2012..”

The United States Maritime Alliance (USMX) and the International Longshoremen’s Association (ILA) labor negotiations today, while not finalizing, are a substantial move in the right direction.

All parties agreed that this is “for the good of the country”.

That means the looming ILA Strike on October 1st has been postponed until December 30th.

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