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Indefinite Strike at Montreal Port! Transatlantic Shipping Costs May Rise?

October 15, 2024

 Tensions between labor and management at the Port of Montreal are escalating, with the dockworkers' union announcing an indefinite overtime strike starting October 10. A previous three-day strike had already halted operations at two terminals. The Maritime Employers Association (MEA) has urged the union to withdraw the strike notice, calling it a "pressure tactic." The MEA warned that a complete overtime stoppage would severely impact port operations and employee wages. Due to disputes over pay and working conditions, negotiations to renew the collective agreement with the dockworkers have been ongoing for over a year, significantly reducing freight volumes and causing financial challenges for the MEA.

 

#ShippingStrike #MontrealPort #LaborDisputes #FreightRates #IndustryNews