Source: Dockworkers’ union to suspend strike until Jan. 15
By TOM KRISHER
DETROIT (AP) — The union representing 45,000 striking U.S. dockworkers at East and Gulf coast ports has reached a deal to suspend their strike until Jan. 15 to provide time to negotiate a new contract, a person briefed on the matter says.
The union, the International Longshoremen’s Association, is to resume working immediately at least until January said the person, who spoke on condition of anonymity because the agreement has yet to be signed.
The agreement will allow the union and the U.S Maritime Alliance, which represents the shippers and ports, time to negotiate a new six-year contract. The person also said both sides reached agreement on wage increases, but details weren’t available.
The union went on strike early Tuesday after its contract expired in a dispute over pay and the automation of tasks at the ports from Maine to Texas. The strike came at the peak of the holiday shopping season at 36 ports that handle about half the cargo from ships coming into and out of the United States.
The walkout raised the risk of shortages of goods on store shelves if it lasted more than a few weeks. But most retailers had stocked up or shipped items early in anticipation of the work stoppage.
More Stories
What Actually Separates a Good WordPress Development Agency From the Rest
Search “WordPress development agency” and you’ll get thousands of results, all promising more or less the same thing: fast, responsive,...
How to Spot Value in Betting Odds
That works, but it also means missing out on half the fun. Understanding how odds are built, and what they...
Bank lending to small businesses falls £27bn in three years
Outstanding high street bank lending to small and medium-sized businesses across Great Britain fell by £26.8bn, or 30 per cent,...
Refugee entrepreneurs could add £2bn to UK economy, Cedar Review finds
Refugee entrepreneurs could boost the UK economy by an estimated £2bn if barriers to entrepreneurship were tackled and more tailored...
Xapien raises $56m from Spectrum Equity to build out US presence
Xapien, the AI due diligence platform, has raised $56m in a growth investment round led by Spectrum Equity, the company...
Britain exports lawyers, bankers and degrees. Why not doctors?
Now try the same sentence with a different noun. The UK will grow its healthcare exports to £40 billion a year...
