labor union A temporary agreement was reached Wednesday with port employers representing about 45,000 U.S. dockworkers, averting a strike at East and Gulf Coast ports later this month.
In a joint statement, the International Longshoremen’s Association (ILA) and the United States Maritime Alliance (USMX) announced that they have reached an agreement on a six-year master contract, which would give the latter the ability to ratify the terms of the final contract. Is.
The two parties said in a joint statement, “We are pleased to announce that ILA and USMX have reached a tentative agreement on a new six-year ILA-USMX Master Agreement, subject to ratification, thus Any work disruption will be deferred until January 15, 2025.” statement. “This agreement protects current ILA jobs and establishes a framework for implementing technologies that will create more jobs while modernizing East and Gulf Coast ports – making them safer and more efficient and strengthening our supply chains. Will create the capacity needed to keep
Details of the tentative agreement will not be released to allow ILA rank-and-file members to review and approve the final document.
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Both sides said, “This is a win-win agreement that creates ILA jobs, supports American consumers and businesses, and keeps the U.S. economy at the center of the global market.”
The two parties signed a temporary agreement in October – which gave workers a 62% wage increase over six years – to end the three-day strike, but left Automation Issues Unsolved.
But the two sides are still at an impasse over automation, leading to the latest round of talks. If no agreement was reached and a second strike were to occur, the wage settlement agreed in principle under which the first strike had ended would be taken off the table and both parties would be back at square one.
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President Biden Hailed the deal on Wednesday evening.
“Collective bargaining plays a vital role when it comes to building a strong economy from the middle out and from the bottom up,” he said. “Today’s tentative agreement between the International Longshoremen’s Association and the United States Maritime Alliance shows that labor and management can come together to benefit workers and their employers.”
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Biden added, “I commend the dockworkers union for delivering a strong contract.” “Their members kept our ports open during the pandemic, as we worked together to smooth global supply chains. Thank you to carriers and port operators who play an essential role in our nation’s economy.”
Fox Business’ Brec Dumas contributed to this report.