Port Workers Strike Update as Union Agrees to Deal [Video]

The International Longshoremen’s Association (ILA) has reached a deal to suspend its strike until January, according to a joint statement released on Thursday.

The statement by the ILA and the United States Maritime Alliance, Ltd., which represents the shippers and ports, said in part that they “have reached a tentative agreement on wages and have agreed to extend the Master Contract until January 15, 2025 to return to the bargaining table to negotiate all other outstanding issues.

“Effective immediately, all current job actions will cease and all work covered by the Master Contract will resume.” According to the Associated Press (AP), the agreement has not been signed yet.

This suspension will provide a temporary respite to businesses and communities dependent on these ports, as the strike had already caused significant disruptions to supply chains. The economic impact of the strike was felt most acutely in industries that rely heavily on the import and export …