The International Longshoremen’s Association and port operator the United States Maritime Alliance reached an agreement to extend the current contract until 15 January, as well as a tentative deal on wages.
“The International Longshoremen’s Association and the United States Maritime Alliance, Ltd. 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,” the International Longshoremen’s Association and the United States Maritime Alliance said in a joint press release.
The strike started Tuesday morning and impscted operation in 14 ports. Shipping costs had already started to rise as the strike threatened major disruptions to US supply chains.
Despite the wage agreement a central conflict of negotiations regarding port automatization has yet to be resolved.
By Staff
