Industry: Trade
News
Feb. 5, 2015
In the offer, longshore workers receive an annual income of $147,000 with the option of a 3-to-5 percent increase per year and a fully paid health care plan known as a "Cadillac plan." The Affordable Care Act mandates that the PMA pay a premium on that plan: $35,000 per year, per worker.
News
Feb. 5, 2015
A months-long stalemate in contract talks between the Pacific Maritime Association and the International Longshore and Warehouse Union, both based in San Francisco, has clogged major ports in California and is having a negative economic impact on Central Valley growers and other Northern California businesses such as Devine Intermodal.
News
Feb. 2, 2015
In an open letter, the owners Alan Beatts and Jude Feldman explain that they can't pay San Francisco's new $15 minimum wage (a minimum wage that they support). That increase will raise their payroll costs by 39% and their overall costs by 18% -- and since they can't raise the cost of their books (because they're pre-priced, and retail priced books are already a tough sell in the age of Amazon), the only way they could cover the increase would be to stop paying themselves, or fire almost everyone and work insane hours. The cafe attached the store will stay open for the foreseeable, since those prices are flexible and can be raised to account for their increased overheads.
News
Jan. 31, 2015
Meanwhile, frustrated exporters and importers will find other routes. In a recent survey by the Journal of Commerce, 60% of shippers said they had begun redirecting cargoes away from America’s West Coast ports. Once that business leaves, it may never return. Western ports have already lost market share to the East Coast since 2002, when failed labour talks led to an 11-day lockout and a total shutdown.
News
Jan. 25, 2015
This comes when egg demand is growing, in part because soaring meat prices have caused Americans to turn to other foods. Per capita consumption is expected to reach more than 260 eggs this year, the highest since 1983, according to the USDA. The poorest consumers have been hit hardest by the price spike because eggs have traditionally been a cheap source of protein.
previous    1 2 3 4 5 6 7 8 9 10   next           first    last


Topics


Regions


Industries


Sources