Longshoremen's Union Reaches Tentative Deal to Prevent Strike
ILA and USMX finalize a six-year contract amid concerns over automation, receiving support from President-elect Trump during negotiations.
Summary
The International Longshoremen's Association and U.S. Maritime Alliance announced a tentative six-year contract, averting a potential strike. The deal addresses job security amid automation fears, receiving praise from President-elect Trump. Union President Harold Daggett emphasized Trump's support as crucial in the negotiations. While details are undisclosed pending member ratification, the agreement aims to modernize East and Gulf Coast ports while protecting jobs. Economists warn a strike could have significantly impacted the U.S. economy, as these ports handle a substantial portion of shipping containers in the country.
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