Port Strike: East Gulf Coast U.S.

By Finance

The U.S. Federal Mediation and Conciliation Service (FMCS) informed that negotiations between people working on the port and the organization representing longshoremen have been extended.
Some progress has been made.
"In taking this significant step, the parties emphasized that they are doing so 'for the good of the country' to avoid any interruption in interstate commerce," informed FMCS Director George Cohen.
Extending the negotiations will allow both sides to concentrate on important things without immediately deal with the problems.
No information of the negotiations will be given for the moment.
The ILA is the side representing more than 65,000 longshormen on the Atlantic and Gulf Coasts, Great Lakes, major U.S. rivers, Puerto Rico, and Eastern Canada.
It is told that the people work in tough conditions. The wages are $124,000 a year.