Skip to content
Search AI Powered

Latest Stories

newsworthy

Clerical workers at Ports of Los Angeles/Long Beach reject labor contract

National Retail Federation urges two sides to work to keep port open.

Talks between clerical workers and management at the Ports of Los Angeles and Long Beach once again stalled as voting members of the International Longshore and Warehouse Union's Local 63 Office Clerical Unit (OCU) rejected a proposed new contract on Wednesday night. According to the Harbor Employers Association (HEA), which represents management, bargaining units for workers at all 16 harbor employers failed to ratify the agreement.

The two sides had tentatively agreed to the labor contract in December, ending an eight-day strike that had shut down most terminals at the nation's two busiest seaports.


It is currently not clear what step the union or management will take next. The National Retail Federation (NRF), the world's largest retail trade association, urged the two sides to continue to keep the ports open despite the rejection of the contract. "We can't afford to see another shutdown," said NRF Vice President for Supply Chain and Customs Policy Jonathan Gold in a statement issued today. "As labor and management work to resolve this situation, uninterrupted operation of the ports should be their top priority. Too many jobs across the country depend on these ports to let any interference with operations be considered an acceptable way of doing business."

The sticking point for previous negotiations had been accusations by the 800-member clerical workers' union that the HEA was outsourcing jobs. The management association denied those claims.

The Latest

More Stories

Report: Five trends in AI and data science for 2025

Report: Five trends in AI and data science for 2025

Artificial intelligence (AI) and data science were hot business topics in 2024 and will remain on the front burner in 2025, according to recent research published in AI in Action, a series of technology-focused columns in the MIT Sloan Management Review.

In Five Trends in AI and Data Science for 2025, researchers Tom Davenport and Randy Bean outline ways in which AI and our data-driven culture will continue to shape the business landscape in the coming year. The information comes from a range of recent AI-focused research projects, including the 2025 AI & Data Leadership Executive Benchmark Survey, an annual survey of data, analytics, and AI executives conducted by Bean’s educational firm, Data & AI Leadership Exchange.

Keep ReadingShow less

Featured

aerial photo of port of miami

East and Gulf coast strike averted with 11th-hour agreement

Shippers today are praising an 11th-hour contract agreement that has averted the threat of a strike by dockworkers at East and Gulf coast ports that could have frozen container imports and exports as soon as January 16.

The agreement came late last night between the International Longshoremen’s Association (ILA) representing some 45,000 workers and the United States Maritime Alliance (USMX) that includes the operators of port facilities up and down the coast.

Keep ReadingShow less
Logistics industry growth slowed in December
Logistics Managers' Index

Logistics industry growth slowed in December

Logistics industry growth slowed in December due to a seasonal wind-down of inventory and following one of the busiest holiday shopping seasons on record, according to the latest Logistics Managers’ Index (LMI) report, released this week.

The monthly LMI was 57.3 in December, down more than a percentage point from November’s reading of 58.4. Despite the slowdown, economic activity across the industry continued to expand, as an LMI reading above 50 indicates growth and a reading below 50 indicates contraction.

Keep ReadingShow less
forklifts in warehouse

Demand for warehouse space cooled off slightly in fourth quarter

The overall national industrial real estate vacancy rate edged higher in the fourth quarter, although it still remains well below pre-pandemic levels, according to an analysis by Cushman & Wakefield.

Vacancy rates shrunk during the pandemic to historically low levels as e-commerce sales—and demand for warehouse space—boomed in response to massive numbers of people working and living from home. That frantic pace is now cooling off but real estate demand remains elevated from a long-term perspective.

Keep ReadingShow less
worker using sensors on rooftop infrastructure

Sick and Endress+Hauser say joint venture will enable decarbonization

The German sensor technology provider Sick GmbH has launched a joint venture with the Swiss measurement technology specialist Endress+Hauser to produce and market a new set of process automation solutions for enabling decarbonization.

Under terms of the deal, Sick and Endress+Hauser will each hold 50% of a joint venture called "Endress+Hauser SICK GmbH+Co. KG," which will strengthen the development and production of analyzer and gas flow meter technologies. According to Sick, its gas flow meters make it possible to switch to low-emission and non-fossil energy sources, for example, and the process analyzers allow reliable monitoring of emissions.

Keep ReadingShow less