Businesses warn of 'coast wide port shutdown' as union strike looms, appeal for Obama intervention
Excerpt:Dec. 18, 2012: A truck driver watches as a freight container, right, is lowered at the Port of Boston. AP As if Superstorm Sandy and the looming fiscal crisis weren't enough, a potential strike by thousands of dock workers from Boston to Houston threatens to shock the economy as early as this weekend. Business groups and state officials in recent days have called on President Obama to intervene, and use emergency powers to "avoid a coast wide port shutdown." They warn it could cost billions, citing estimates that a 10-day port lockout in 2002 cost $1 billion a day -- and caused a major backlog in shipments. Florida Gov. Rick Scott is the latest to enter the fray and call for White House intervention. But a port strike would affect more than the East and Gulf coasts, where all these ports are located.
Keywords:
National Retail Federation dock workers strike White House port ports coast Obama business groups Florida Gov. West Coast Federal mediators port operators East Coast shipping companies wide port shutdown 10-day port lockout West Coast port coast wide shutdown York-New Jersey ports East Coast workers West Coast lockout port strike White House intervention scores of business groups U.S. Maritime Alliance Florida Gov. Rick potential strike dock worker labor latest contract extension Cheese Importers Association Florida Gov. Scott White House spokesman key sticking point important supplemental wage particularly vulnerable time President Obama Obama warning dozen ports International Longshoremen union workers Port Everglades major backlog truck driver royalties emergency powers Superstorm Sandy Dec. economy-wide impacts container royaltiesPeople:
Obama
Overall Sentiment: -0.170729
Relevance: 0.804642
| Sentiment | Quote |
|---|---|
| -0.0854005 | Obama to intervene, and use emergency powers to "avoid a coast wide port shutdown." |
| 0 | "Failure to reach an agreement resulting in a coast wide shutdown will have serious economy-wide impacts," those and dozens of other groups wrote to Obama ... |
| -0.365711 | Obama warning of the "devastating" ... |
| -0.158928 | Obama warning of the "devastating" impact a strike would have on his state, where cargo-related activity "generates more than 550,000 direct and indirect jobs." |
| Sentiment Stats: |
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Gov. Rick Scott
Overall Sentiment: -0.167635
Relevance: 0.488203
| Sentiment | Quote |
|---|---|
| -0.143893 | He also recalled how, in 2002, "tons of perishable cargo were destroyed" ... |
| Sentiment Stats: |
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Matt Lehrich
Overall Sentiment: 0.0890222
Relevance: 0.284582
| Sentiment | Quote |
|---|---|
| 0.0337522 | "Federal mediators are assisting with the negotiations, and we continue to monitor the situation closely and urge the parties to continue their work at the negotiating table to get a deal done as quickly as possible," White House spokesman Matt Lehrich said ... |
| Sentiment Stats: |
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N.C.; Charleston
Overall Sentiment: 0
Relevance: 0.263332
S.C.; Savannah
Overall Sentiment: 0
Relevance: 0.251588
Key:
- Aggregate Sentiment is meant to be an indicator of an individual's overall sentiment.
- The Mean is meant to be an indicator of an individual's average comment sentiment.
- The Standard Deviation, when there are enough quotes, will indicate an individual's consistency of sentiment (i.e. a Standard Deviation of 0 would mean they were very consistent in their sentiment and 1 would mean they were very inconsistent).
Note that quote stats are likely to be meaningless beyond the aggregate score due to the tiny sample size. However, they are always provided just in case you find something useful there.
Additional Info:
Organization: National Retail Federation
Overall Sentiment: 0.0109759
Relevance: 0.591246
Organization: White House
Overall Sentiment: 0.165522
Relevance: 0.426618
Organization: International Longshoremen's Association
Overall Sentiment: -0.372696
Relevance: 0.387927
Organization: Congress
Overall Sentiment: -0.0508523
Relevance: 0.318357
Organization: U.S. Maritime Alliance
Overall Sentiment: -0.078269
Relevance: 0.306406
City: Boston
Overall Sentiment: -0.227498
Relevance: 0.517526
City: Houston
Overall Sentiment: -0.361823
Relevance: 0.381422
City: Port Everglades
Overall Sentiment: 0.0536821
Relevance: 0.366772
City: Washington
Overall Sentiment: 0.0450167
Relevance: 0.3114
City: Wilmington
Overall Sentiment: 0
Relevance: 0.302769
City: Jacksonville
Overall Sentiment: 0
Relevance: 0.301552
Facility: Port of Boston.AP
Overall Sentiment: 0.0507601
Relevance: 0.476287
Facility: White House
Overall Sentiment: 0
Relevance: 0.353583
Region: East Coast
Overall Sentiment: 0.174326
Relevance: 0.415344
Region: West Coast
Overall Sentiment: -0.276423
Relevance: 0.408849
StateOrCounty: Florida
Overall Sentiment: -0.185998
Relevance: 0.39725
StateOrCounty: Fla.
Overall Sentiment: 0.109066
Relevance: 0.338142
GeographicFeature: East Coast
Overall Sentiment: 0.286779
Relevance: 0.37943
GeographicFeature: West Coast
Overall Sentiment: -0.416836
Relevance: 0.340082
Country: U.S.
Overall Sentiment: -0.44576
Relevance: 0.323039
- East Coast
- everglades
- gov rick scott
- jacksonville fla
- New Orleans
- President Obama
- rick scott
- spending cuts
- tampa fla
- the International
- U S
- White House
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