date:Dec 20, 2012
container royalties, aper-unit fee paid to laborers that has been part of contracts for52 years, to compensate longshoremen for work lost to them onaccount of container ship operations. The shippers' group alsoblasted the union for failing to accept a shorter extensionproposed by mediator Cohen
A strike of any kind at ports along the East and Gulf Coastcould prove devastating for the US economy, particularlyconsidering the economic setback suffered by the ports,especially the Port of New York/