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Market
New Wage Offer by U.S. Maritime Alliance Before Jan 15, 2025?
3
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Official announcements from the United States Maritime Alliance
Story
45,000 U.S. Dockworkers Suspend Strike Until Jan. 15, 2025 After Tentative 62% Wage Deal
Oct 3, 2024, 10:54 PM
U.S. dockworkers have agreed to suspend their strike until January 15, 2025, to allow time for contract negotiations, following a tentative agreement on wages. The International Longshoremen's Association (ILA), representing 45,000 dockworkers at East and Gulf Coast ports, reached a deal with the United States Maritime Alliance that includes a proposed 61.5% wage increase over six years. The current master contract will be extended until January 15. The strike, which had shut down shipping operations for several days, is expected to end immediately, with workers returning to ports as early as Friday.
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