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ILA Dockworkers to Return to Work as Port Strike Ends Following Tentative Agreement
Dockworkers from the International Longshoremen's Association (ILA) returned to work on Friday after reaching a tentative wage agreement with the U.S. Maritime Alliance (USMX) Thursday, bringing an end to the three-day strike that halted shipping operations along the East and Gulf Coasts.
"Effective immediately, all current job actions will cease, and all work covered by the Master Contract will resume,” according to a joint statement issued by both parties Thursday. The Master Contract will be extended until January 15, 2025, giving negotiators additional...
The Retail Rundown: Port Strike Sends Shockwaves Throughout Supply Chain
The strike at East and Gulf Coast ports officially began once the calendar turned to October, following unsuccessful contract negotiations between the International Longshoremen’s Association (ILA) and the United States Maritime Alliance (USMX).
The strike's impact is being felt throughout the supply chain, causing significant disruptions in the flow of goods ahead of the rapidly approaching holiday season.
In a statement released on Tuesday, USMX stated that its current offer includes a nearly 50% wage increase. In response, ILA said it has rejected USX's offer "because it fails to address...
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