The union tried to play the greed game with the big boys and got set back irreversibly by losing a lawsuit and suffering a life taking judgment.
The solution they chose is a respirator Chapter 11.
What's funny about it all is that their labor worshipping President Joe Biden was powerless to save them
Good riddance. The ILWU is a true enemy of America
BIG news! Great point about FJB powerless to save them.
They cudda been contendas! They cudda been somebodies!
I’ve been out of the loop on this; to what’s tent did this contribute to the Great Supply Chain Crisis of 2020-21?
Unions are destructive.
Would only need a tiny fraction of the dock workers if WE MADE EVERYTHING IN THE USA.
at the Port of Portland......................
Nuff said.................
I was a member of the ILWU for five years out of Local #37...this was in the early 80’s and I HAD to be a member to work at a union cannery in Alaska for my summer job.
The day before this multiple murder I was on the phone speaking with Silme Domingo (first name pronounced Lynn) as he was helping me with an insurance issue...A very nice man.
The ILWU has been dead to me ever since...
How much of their money got sucked up by democrats ?
Not dead. Not even wounded. This is a legal dodge to protect their assets. They’ll reincarnate as something else, and they’ll be debt free and stronger than ever. I watched builders do this during the 2008 crisis. They’d end up owning all the property that was pledged as assets against loans and the banks got stuck with the bad loans and unfinished jobs. (A bunch of shell companies were involved.) The builders made out very well for themselves. I attended a bankruptcy celebration by one of them when I was writing articles for the newspaper. The developer explained how he’d much improved is position by going bankrupt. The party was in his multi-level downtown house valued at the time for over a million dollars. It was two blocks from the Florida Capital building. He now owned it and most of his equipment free and clear.
If they go bankrupt, does the federal government take over their pension liabilities?
I believe the ONLY good unions are for tradesmen....apprenticeship programs school once a weeknight year round etc... I have a journeymans in Roofing out of Local 33 Dorchester Massachusetts...even when not working I had to go to school for 3 years. A trade I can take anywhere in The U.S. as far as these thieves I hope they drown in their deviousness.
A long & winding road to oblivion.
UNION workers do NOT always win.
I’m afraid the gubment will bail them out ala the auto unions, err, industry.
Lousy communist-controlled unions have, since the 1930s, been a pain in the Nation’s butt...