Market icon

East coast port strike in January?

$159,748 Vol.

Jan 15, 2025

Yes

0% chance 14%

Source: Polymarket.com

Rules

On October 3, the International Longshoremen’s Association (ILA) announced that it had reached a deal to suspend its three-day strike until Jan. 15 to provide time to negotiate a new contract (see: https://www.cbsnews.com/news/port-strike-ends-tentative-deal-until-jan-15-dockworkers/).

This market will resolve to "Yes" if the ILA or its leadership declares or announces a strike affecting any US East Coast or Gulf Coast port at any point in January 2025 ET. Otherwise, this market will resolve to "No."

If the ILA announces a new deal which would avert any US East Coast or Gulf Coast port strike through January of 2025, this market will resolve to "No".

The resolution source will be official announcements from the ILA however a consensus of credible reporting will also be used.

Volume

$159,748

End Date

Jan 15, 2025

Outcome proposed: No

No dispute

Final outcome: No

Comments (34)
Top Holders
Activity
Related

Beware of external links, they may be phishing attacks.

aj.simsky

aj.simsky

2mo ago

I like how the picture for this market is Frank Sobotka from The Wire

Get alittle

There is just no way!

IUnderstandItNow

GG

endo2

endo2

3mo ago

gg

Trading4Fridge

https://www.msc.com/zh/newsroom/customer-advisories/2025/january/update-us-east-and-gulf-coast-port-strike-disruption

Trading4Fridge

https://farmpolicynews.illinois.edu/2025/01/high-likelihood-of-another-east-gulf-coast-port-strike-this-month/

Eridpnc

Eridpnc

3mo ago

Come back mars trump is getting inaugurated bro trust me I’ll insure you go buy N now

IUnderstandItNow

Huh?

PoLOLitics

3mo ago

https://www.worldcargonews.com/news/2024/12/maersk-no-progress-in-ila-usmx-talks/

M.Casado17

3mo ago

no my opinion

PoLOLitics

3mo ago

https://maritime-executive.com/article/carriers-grow-pessimistic-urging-preparations-for-u-s-port-strike

PoLOLitics

3mo ago

With the deadline looming for the expiration of the master contract for U.S. East and Gulf Coast dockworkers, carriers are beginning to sound cautions to customers. Maersk, Hapag-Lloyd, and CMA CGM Group each issued customer advisories warning the situation is “dynamic” and with no signs of an agreement and the union saying they are at an impasse, the dangers are growing. The employers represented by the U.S. Maritime Alliance (USMX) and the International Longshoremen’s Association ended the October 2024 walkout by extending the contract deadline to January 15, 2025. This week marked four weeks till the end of the extension and the anticipated January 16 work stoppage. “The possibility of a strike increases each day that passes without a settled contract,” Maersk writes in a customer advisory released today, December 20.

endo2

endo2

3mo ago

https://ibb.co/wYmVWrd

MrManning

MrManning

4mo ago

Tariffs are inevitable, leaving the Union with little leverage. A Republican president, likely anti-union, will be in office during a second term with no political constraints. This strike is unlikely to materialize.

YoungDolphGelato

Good prediction.

the strike is definitely happening. it was only avoided in November because white house and DoL people were furiously negotiating behind the scenes to avoid a strike before the election, and Biden gave the unions a lot of latitude. Negotiations have stalled because USMX is refusing to put language in the new contract restricting new automated cranes, for obvious reasons. It's an absolutely key union demand, way more important than any pay rise, again for obvious reasons. And the Trump admin has neither the expertise nor the desire to get involved and smooth things over. It's happening, 100%

Wildish

3mo ago

source?

Itxking

4mo ago

Pls tip me 1 dollar

J.Madison

J.Madison

4mo ago

all they do is strike. i hope AI replaces them soon.

automobile

automobile

5mo ago

If you tip me 2$ ill give you double chocolate chunk cookie made purely out of love kiss kiss

Accounton

5mo ago

I can't believe it happened

Outcome: No