U.S. shippers are steering clear of East and Gulf Coast ports amid worries the dockworkers at those trade hubs will go on strike if their union leader does not land a new contract with employers.
Read More US shippers avoid East Coast ports on risk of second strike
Boeing workers voted to reject the company’s latest contract proposal on Wednesday that would’ve ended a strike that has lasted over 40 days.
Read More Boeing Machinists Reject Latest Contract Proposal, Strike Continues Into 6th Week
Boeing recently announced a third-quarter loss of $6 billion following some 33,000 employees going on strike, as well as quality control issues which have crippled the struggling aviation corporation.
Read More Boeing Reports $6B Third-Quarter Loss As Striking Workers Negotiate A New Contract
Spirit AeroSystems will tell employees that it will furlough 700 workers for 21 days as an over month-long strike at U.S. planemaker Boeing eats into the supplier’s cash and inventory space
Read More Exclusive: Spirit Aero to furlough 700 workers for 21 days due to Boeing strike
Thousands of Boeing employees will be given their pink slips within the next few weeks, multiple union and industry sources claimed.
Read More Boeing To Layoff Thousands Of Workers As Strike Continues
Talks between Boeing and its key manufacturing union broke down, and no negotiations are currently planned as the financially damaging strike heads into a fourth week.
Read More Boeing halts talks, withdraws pay offer to union as strike drags on