04/10/2024
Ports' strike ends, as dockworkers reach agreement on wages
The strike by tens of thousands of dockworkers on the East and Gulf coasts has been called off, after the International Longshoremen's Association and the United States Maritime Alliance, representing ocean carriers and port operators, reached a tentative agreement on wages.
The two sides have agreed to a 62% wage increase over six years, according to sources who were familiar with the deal, but not authorized to speak publicly about it. The union had been seeking a 77% increase over six years. A day before the strike began, the companies had offered nearly 50% in raises.
The parties have also agreed to extend the existing contract until Jan. 15, 2025. They will return between now and then to the bargaining table to negotiate all other outstanding issues, including the union's demand of a ban on all automation at the ports.
(By NRP)
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