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U.S. PORT WORKERS AND OPERATORS REACH DEAL TO SUSPEND EAST COAST STRIKE

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After a three-day longshoremen strike, which triggered nationwide concern about potential supply chain disruptions in the U.S., is set to be suspended after dockworkers and port operators reached a tentative deal.

The strike, which interrupted incoming shipments at dozens of ports from Maine to Texas, will be temporarily paused until at least January 15 based on the agreement between the International Longshoreman’s Association and the U.S. Maritime Alliance for wage increases for workers. In a statement, both parties said, “Effective immediately, all current job actions will cease, and all work covered by the Master Contract will resume.”

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The tentative deal includes an approximately 62% wage hike over six years for dockworkers. Although the union initially sought a 77% increase, settling the wage issue allowed both sides to agree to extend the master contract through January 15, 2025. This gives negotiators more time to resolve other contract issues while dockworkers return to their jobs, according to ABC 7 News.

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