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Market
What percentage of dockworkers will vote in favor of the new contract by January 15, 2025?
3
Resolution / Starting Odds
Less than 50% • 25%
50% to 75% • 25%
76% to 90% • 25%
More than 90% • 25%
Voting results released by the ILA
Story
45,000 US Dockworkers Suspend Strike Until January 2025 in Tentative Wage Deal
Oct 3, 2024, 11:05 PM
The International Longshoremen's Association (ILA), representing 45,000 U.S. dockworkers at East and Gulf Coast ports, has agreed to suspend its strike until January 15, 2025, allowing time for negotiations on a new contract. The strike, the first since 1977, began on Tuesday and halted operations at ports from Maine to Texas. A tentative agreement was reached between the ILA and the U.S. Maritime Alliance, including a proposed wage increase of 62% over six years. The current contract will be extended until January 15, 2025, while negotiations continue over remaining issues. Workers are expected to return to work by tomorrow.
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Similar markets
Ratified as proposed • 25%
Ratified with changes • 25%
Not ratified, negotiations continue • 25%
Not ratified, strike resumes • 25%
New contract agreement • 25%
Strike resumes • 25%
Further negotiations without strike • 25%
Other outcome • 25%
Less than 50% • 25%
50% - 74% • 25%
75% - 89% • 25%
90% or more • 25%
Less than 60% • 25%
60% to 61.5% • 25%
61.6% to 63% • 25%
More than 63% • 25%
Union and employer reach agreement • 25%
Government intervention • 25%
Mediation/arbitration • 25%
Strike continues into 2025 • 25%
New labor contract agreed • 25%
Government intervention • 25%
Strike continues into 2025 • 25%
Other • 25%
