U.S. Port Strike Ends as Workers Agree to Tentative Deal on Wages and Contract Extension

New York, NY, 4 OCT, 2024 – The ILA and USMX agreed on Thursday to a tentative deal on wages and have extended their existing contract through January 15 to provide time to negotiate a new contract.

The move ends a strike that had snarled East Coast and Gulf Coast ports since the beginning of the week.

"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 parties said in a joint statement.

Read more in an article from CNBC.