Wednesday, August 12, 2015

CANAL EXPANSION STRIKE AVOIDED

From internet news:

CANAL EXPANSION STRIKE AVOIDED

The looming strike of construction workers, which threatened to delay the completion of the Panama Canal expansion project, by April 2016, has been avoided.

Leaders of the Suntracs union ha ve reached an agreement with the consortium Grupo Unidos por el Canal (GUPC) that will avoid a work stoppage on the third set of locks.

The union had sought an increase of more than 8 percent for the 6,000 workers involved in the work.

The parties agreed to an increase of $4.81 an hour for qualified workers and 5 percent for other categories, retroactive to July 1.

The Panama Canal Authority had requested the contractor endeavor to resolve the labor dispute as soon as possible to avoid the negative effect on the expansion, which is 93 percent complete.

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