Boeing strike ends after 53 days

This story originally appeared on AirlineGeeks.com.

International Association of Machinists and Aerospace Workers (IAM) union members voted to approve a new contract with Boeing on Monday, putting an end to a lengthy strike in the Pacific Northwest.

Over 26,000 members across IAM districts 751 and W24 located, respectively, in Seattle and Gladstone, Oregon, voted by a margin of 59% to approve a 38% pay raise. IAM District 751 streamed the voting results live on its Facebook page.

The contract ends...

https://www.freightwaves.com/news/boeing-strike-ends-after-53-days

Boeing strike continues after machinists reject 35% pay hike offer

This story originally appeared on AirlineGeeks.com.

A majority of International Association of Machinists and Aerospace Workers (IAM) members voted Wednesday to reject the latest contract offer from Boeing.

The rejection means a continuation of the month-long strike by members of IAM Districts 751 and W24, located respectively in Seattle, Washington, and Gladstone, Oregon. About 64% of members voted against the contract, according to results released by IAM on social media.

“The entire IAM Union,...

https://www.freightwaves.com/news/boeing-strike-continues-after-machinists-reject-35-pay-hike-offer

‘Trust in our company has eroded,’ Boeing CEO says after dismal Q3 results

This story originally appeared on AirlineGeeks.com.

The Boeing Co. (NYSE: BA) reported a loss of over $6 billion in the third quarter during an earnings call on Wednesday.

The $6.2 billion loss was largely attributed to substantially increased operating costs due to strikes by the International Association of Machinists and Aerospace Workers (IAM) union since Sept. 13. Boeing also cited previously announced program changes as a factor impacting revenue loss.

The loss is about four times larger...

https://www.freightwaves.com/news/trust-in-our-company-has-eroded-boeing-ceo-says-after-dismal-q3-results

Boeing to sunset 767 freighter program, slow 777X rollout amid strike

Boeing said Friday afternoon it will stop production of the 767 freighter in 2027, sooner than expected, and won’t have the next-generation 777-8 freighter ready for commercial use until 2028, at least a year later than previously scheduled, as the company looks to stem financial losses amid a month-long machinists strike.

Management also announced it will take a $3 billion pre-tax charge on the 777X and 767 programs, lay off about 10% of its workforce and report a third-quarter loss of $9.97...

https://www.freightwaves.com/news/boeing-to-sunset-767-freighter-program-slow-777x-rollout-amid-strike

Boeing considers ‘next steps’ after pulling contract offer for striking workers

This story originally appeared on AirlineGeeks.com.

Boeing announced it has withdrawn its contract offer to striking machinists union workers as it considers “next steps.”

The International Association of Machinists and Aerospace Workers (IAM) has been on strike for 27 days now, seeking higher pay, a better savings plan and more affordable health insurance.

Boeing COO Stephanie Pope said in a message to employees on Tuesday that the strike in the Pacific Northwest has deeply affected Boeing’s...

https://www.freightwaves.com/news/boeing-considers-next-steps-after-pulling-contract-offer-for-striking-workers

Frequently asked questions: The ILA port strike

The International Longshoremen’s Association (ILA) port strike has made headlines this week as a major disruption in supply chains across the East and Gulf coasts, and FreightWaves has compiled a boatload of information to address frequently asked questions about the situation.

Why did this strike happen?

The ILA went on strike after union dockworkers and their employers with the United States Maritime Alliance (USMX) failed to reach an agreement for a new master contract. The ILA is demanding a...

https://www.freightwaves.com/news/frequently-asked-questions-the-ila-port-strike

33,000 Boeing workers lose health care coverage

Editor’s Note: This story first appeared on AirlineGeeks.com.

Boeing has cut health care coverage for 33,000 of its workers and their families as machinists union strikes continue to halt production in the Pacific Northwest.

A news release from the International Association of Machinists and Aerospace Workers (IAM) emailed Tuesday stated that workers were informed of the cuts by U.S. Postal Service notifications to their homes. The move is being criticized by striking union members as a misstep...

https://www.freightwaves.com/news/33000-boeing-workers-lose-health-care-coverage

New York governor urges union, USMX to reach deal before port strike

New York Gov. Kathy Hochul on Monday urged dockworkers preparing to strike and their employers to come to an agreement that respects workers and averts supply chain disruptions.

This comes as the International Longshoremen’s Association (ILA) has vowed to strike against its U.S. Maritime Alliance (USMX) employers starting at midnight tonight if negotiations fail.

“That deadline is rapidly approaching,” Hochul said in a press conference streamed live on YouTube. “If an agreement is not reached by...

https://www.freightwaves.com/news/new-york-governor-urges-union-usmx-to-reach-deal-before-port-strike