Port Strike Averted as Longshoremen Reach Tentative Agreement
In a significant development for the maritime industry, the International Longshoremen’s Association (ILA) and the U.S. Maritime Alliance have announced a tentative agreement that effectively postpones the impending port strike. This decision comes after a series of negotiations aimed at addressing the concerns of dockworkers, ensuring that vital supply chains remain intact during a critical period for commerce. The agreement, reached late Thursday, stipulates an increase in hourly wages f...