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Longshoremen reach tentative agreement with ports, shippers, averting a potential strike

  • The International Longshoremen's Association reached a tentative agreement with the United States Maritime Alliance, avoiding a potential strike on January 15.
  • The new six-year contract includes a resolution on automation, which was a major issue during negotiations.
  • The deal is seen as a win-win, protecting jobs and modernizing East and Gulf Coast ports, according to both the ILA and USMX.
  • The agreement is subject to ratification by both sides and aims to keep supply chains strong amidst economic concerns.
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  • 42% of the sources are Center
42% Center
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