WASHINGTON (AP) — The White House is urging dockworkers and shipping companies to reach agreement "as quickly as possible" on a contract extension for East Coast and Gulf Coast dockworkers whose existing pact expires this week.

Obama spokesman Matt Lehrich says the White House is monitoring the situation closely and urges the parties to "continue their work at the negotiating table to get a deal done as quickly as possible."

Talks between the dockworkers and shipping companies broke down Dec. 18 amid unresolved issues such as wages and container royalties — the payments to union workers based on cargo weight. The International Longshoremen's Association and the U.S. Maritime Alliance are expected to meet this week.

The National Retail Federation has asked the Obama administration to use "all means necessary" to prevent a strike.

To post a comment, please log into your IND account. If you do not have an account, click the "register" button to create one. Facebook comments can be used as an alternative to creating an account at theIND.com.

feed-image RSS Feed
Loading
Chart
ABiz Stock Watch
o Home Bancorp 23.10 ▼0.01 (-0.04%)
o Frank's International 19.93 ▼0.26 (-1.29%)
o IberiaBank Corp 67.50 ▲0.26 (0.39%)
o LHC Group 24.07 ▲0.32 (1.35%)
o MidSouth Bancorp 18.80 0.00 (0.00%)
o Petroquest Energy 4.00 ▼0.17 (-4.08%)
o PHI Inc. 41.27 0.00 (0.00%)
o Superior Energy 24.22 ▼0.88 (-3.51%)
o Stone Energy 21.61 ▼0.94 (-4.17%)
o Facebook Inc. 75.63 ▲1.62 (2.19%)
o Twitter Inc. 39.76 ▼0.43 (-1.07%)
o Gannett 32.26 ▼0.02 (-0.06%)
NYSE:HBCP

Home Bancorp

Company ID [NYSE:HBCP] Last trade:23.10 Trade time:4:04PM EST Value change:▼0.01 (-0.04%)
NYSE:FI

Frank's International

Company ID [NYSE:FI] Last trade:19.93 Trade time:4:01PM EST Value change:▼0.26 (-1.29%)
NYSE:IBKC

IberiaBank Corp

Company ID [NYSE:IBKC] Last trade:67.50 Trade time:4:04PM EST Value change:▲0.26 (0.39%)
NYSE:LHCG

LHC Group

Company ID [NYSE:LHCG] Last trade:24.07 Trade time:4:04PM EST Value change:▲0.32 (1.35%)
NYSE:MSL

MidSouth Bancorp

Company ID [NYSE:MSL] Last trade:18.80 Trade time:4:00PM EST Value change:0.00 (0.00%)
NYSE:PQ

Petroquest Energy

Company ID [NYSE:PQ] Last trade:4.00 Trade time:4:02PM EST Value change:▼0.17 (-4.08%)
NYSE:PHII

PHI Inc.

Company ID [NYSE:PHII] Last trade:41.27 Trade time:2:42PM EST Value change:0.00 (0.00%)
NYSE:SPN

Superior Energy

Company ID [NYSE:SPN] Last trade:24.22 Trade time:4:06PM EST Value change:▼0.88 (-3.51%)
NYSE:SGY

Stone Energy

Company ID [NYSE:SGY] Last trade:21.61 Trade time:4:02PM EST Value change:▼0.94 (-4.17%)
NYSE:FB

Facebook Inc.

Company ID [NYSE:FB] Last trade:75.63 Trade time:4:04PM EST Value change:▲1.62 (2.19%)
NYSE:TWTR

Twitter Inc.

Company ID [NYSE:TWTR] Last trade:39.76 Trade time:4:00PM EST Value change:▼0.43 (-1.07%)
NYSE:GCI

Gannett

Company ID [NYSE:GCI] Last trade:32.26 Trade time:4:02PM EST Value change:▼0.02 (-0.06%)
Advertisement

Read the Flipping Paper!

Click Here for the Entire Print Version of
ABiz
 
Advertisement
Advertisement