00:00It's Benzinga bringing Wall Street to Main Street.
00:02A secret meeting between the International Longshoremen's Association and the United
00:06States Maritime Alliance was held to address automation issues at ports ahead of the January
00:1115th negotiations. The discussions focus on balancing new technology with job creation,
00:16emphasizing human involvement in tasks requiring precision.
00:20Concerns over rising labor costs and the potential for inflation in the supply chain persist.
00:24While automation terms are still being debated, the USMX may reconsider wage increases depending
00:30on the outcome. If no agreement is reached, a strike or government intervention remains possible.
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