Crisis averted: US port strike ends as dockworkers, business owners shake on deal for staggered 62pc pay hike

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Us Port Strike News

Us Dockworkers Strike,International Longshoremans Association,ILA

NEW YORK, Oct 4 — US dock workers and port operators have reached a tentative deal that will immediately end a crippling three-day strike that has shut down shipping on the US...

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The tentative agreement is for a wage hike of around 62 per cent over six years, two sources familiar with the matter told Reuters, including a worker on the picket line who heard the announcement. That would raise average wages to about US$63 an hour from US$39 an hour over the life of the contract.

The union and the port operators said in a statement that they would extend their master contract until Jan. 15, 2025 to return to the bargaining table to negotiate all outstanding issues. Acting Secretary of Labor Julie Su was in New Jersey all day with the two parties working to get a deal done, a source told Reuters.The ILA launched the strike by 45,000 port workers, its first major work stoppage since 1977, on Tuesday after talks for a new six-year contract broke down.

 

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