American dockworkers reach agreement with port operators to end strike | US News

The U.S. port strike that halted shipping on the Eastern and Gulf coasts for three days ended Thursday after dockworkers reached a tentative agreement with port operators.

The International Longshoremen's Association (ILA) announced that the union had reached an agreement with the United States Maritime Alliance (USMX) on wages, suspending their walkout until January. Work will resume immediately, the union said.

The strike, which involved 45,000 workers at 36 ports from Texas to Maine, was the first to hit U.S. East Coast and Gulf ports since 1977.

The agreement in principle provides for a salary increase of around 62%, a source familiar with the matter told Reuters. Both sides said in a statement that they would return to the negotiating table to negotiate all outstanding issues.

Concern was growing about the potential economic impact of the strike and the threat of shortages. JP Morgan analysts estimate the walkout could cost the US economy as much as $5 billion a day.

After learning the strike was over, Joe Biden told reporters, “By the grace of God and the goodwill of the neighbors, this is going to hold.”

Today's tentative agreement on record pay and an extension of the collective bargaining process represents crucial progress toward a strong contract, Trump said in a statement. I want to thank union workers, carriers and port operators for acting with patriotism to reopen our ports and ensure the availability of essential supplies for recovery and rebuilding after Hurricane Helene.

Collective bargaining works and it is essential to building a stronger economy from the ground up.

Kamala Harris also praised the agreement, echoing Biden's sentiment on the power of collective bargaining.

As I said, it's a fairness issue and our economy works best when workers share in record profits. Dockworkers deserve a fair share for their hard work to get essential goods to communities across America, Harris said in a statement.

Negotiations between the ILA and USMX broke down in June after the union accused the USMX of violating the contract by introducing automation at some ports.

Both parties accused each other of refusing to negotiate, with the ILA demanding significant wage increases, commensurate with the profits made by the sector in recent years.

Among the outstanding issues in the contract that will be negotiated ahead of the current contract extension through Jan. 15 is the union's demand for improved protections for automation at ports. The union opposes the introduction of automation which would lead to job losses.

Calling a strike so soon before the election has sparked scrutiny of the political views of key figures. ILA President Harold Daggett was asked about his relationship with Donald Trump, while the Guardian uncovered social media posts from USMX President and CEO David Adam that strongly criticized Democrats .

Sources 1/ https://Google.com/ 2/ https://www.theguardian.com/us-news/2024/oct/03/dock-workers-ports-strike-deal The mention sources can contact us to remove/changing this article

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