U.S. Longshoremen reached a tentative agreement with ports and shippers on a six-year contract, avoiding a potential strike that could have harmed the economy. The International Longshoremen’s Association and U.S. Maritime Alliance stated that the agreement is subject to ratification by union members.
The agreement allows ports to modernize with new technology while ensuring that new workers must be hired, maintaining current jobs.
This agreement is described as a win-win for creating jobs and supporting the economy, according to a joint statement from both sides.