Advertisement

Second US port strike averted as union, employers reach deal

 
The union representing 45,000 dock workers on the U.S. East and Gulf Coasts and their employers on Wednesday said they reached a tentative deal on a new six-year contract, averting further strikes that could have snarled supply chains and taken a toll on the U.S. economy.
 
The International Longshoremen's Association and the United States Maritime Alliance employer group, in a joint statement, called the agreement a "win-win."
 
The deal includes a resolution in automation, which had been the thorniest issue on the table.
 
Terms of the deal were not disclosed.
 
The talks had been extended until January 15 to hammer a deal on automation.
 
Shipping industry executives, customers and analysts had been concerned that the parties would be unable to overcome their impasse, leading to a second ILA strike just days before President-elect Donald Trump's January 20 inauguration.


comments powered by Disqus
Most Popular
Double-tragedy: Principal of Jessie Ripoll...
Several people hurt after bus collides with...
LIAT employees begin receiving severance...