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Dockworkers’ union reaches tentative agreement, will suspend port strike until January
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Fox Business, National

Dockworkers’ union reaches tentative agreement, will suspend port strike until January

By Bradford Betz | Fox Business Striking U.S. dockworkers will return to work Friday after reaching a tentative agreement with employers on an improved wage offer. The conditional offer was for a 62% wage increase, FOX Business has learned.  The offer is on the table for the next 90 days. If no deal is reached within that timeframe, the proposed wage hike will be pulled from the table.  The International Longshoremen’s Association, which represents 45,000 striking U.S. workers, said the union and USMX have reached a "tentative agreement on wages and have agreed to extend the Master Contract until January 15, 2025 to return to the bargaining table to negotiate all other outstanding issues."  READ THE FULL STORY AT FOX BUSINESS
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‘Sleeping giant’: US could be inches away from another economic crisis As massive port strike looms
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National, The Daily Caller

‘Sleeping giant’: US could be inches away from another economic crisis As massive port strike looms

By Owen Klinsky | Daily Caller Ten of thousands of dockworkers could go on strike on Oct. 1 in a move that experts say could wreak havoc on American supply chains and reignite the rapid inflation seen in the early years of the Biden-Harris administration. The International Longshoremen’s Association (ILA) — which represents more than 85,000 workers at three dozen U.S. ports along the East Coast and Gulf of Mexico and whose members collectively handle about half of the U.S.’ maritime imports — has threatened to go on strike for the first time since 1977 if their wage and automation protection demands are not met by the United States Maritime Alliance (USMX) — the coalition representing shipping employers. The move could cost the U.S. economy roughly $5 billion a day in trade, and woul...
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