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Port of Seattle closed due to ILWU labor strife



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Shipping containers at the Port of Seattle.Patti Domm | CNBCThe labor strife continues on the west coast with the announcement of the Port of Seattle shutting down due to the International Longshore and Warehouse Union (ILWU) refusing to dispatch labor to work at the container terminals. This is according to an announcement by the Pacific Maritime Association (PMA) which represents the terminals at the ports.The West Coast ports have faced continuous worker slowdowns and stoppages all week where an estimated $5.2 billion of trade is floating off the Ports of Los Angeles, Long Beach, and Oakland. In an email statement, the ILWU said the union remains committed to bargaining a contract that is “fair and equitable and represents the hard work and contributions of its members toward the ongoing success of the multibillion-dollar shipping industry.”The ILWU also accused the PMA of using the media to leverage one-sided information in an attempt to influence the process.”Despite what you are hearing from PMA, West Coast ports are open as we continue to work under our expired collective barg …

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