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Writer's pictureBy The Financial District

U.S. Longshoremen Cut Deal With Ports, Shippers To Avert Strike

The h (ILA) reached a tentative six-year contract agreement with the US Maritime Alliance (USMA), averting a potential strike that could have disrupted the US economy, Paul Wiseman reported for the Associated Press (AP).


A joint statement from both sides emphasized the agreement's benefits in enhancing safety, efficiency, and supply chain capacity. I Photo: ILA Union Facebook


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The deal, finalized a week before the January 15 deadline, ensures job security for union members while allowing ports along the East and Gulf Coasts to modernize with new technology.


A joint statement from both sides emphasized the agreement's benefits in enhancing safety, efficiency, and supply chain capacity.



Details of the agreement will remain confidential until union members have reviewed and ratified it, a process expected to take several weeks. President Joe Biden praised the resolution, stating, “This agreement demonstrates that labor and management can collaborate to benefit workers and employers alike.”




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