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The International Longshoremen’s Association (ILA) union and the U.S. Maritime Alliance (USMX), an association of companies that operate East and Gulf Coast ports, reached a tentative agreement Thursday to end a two-day strike.
The ILA announced Thursday night that the USMX agreed to boost pay for port workers and that union members would return to work immediately.
“The International Longshoremen’s Association and the United States Maritime Alliance, Ltd. 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. Effective immediately, all current job actions will cease and all work covered by the Master Contract will resume,” the two organizations said in a joint statement obtained by The Hill Thursday.
The agreement suspends a strike that could have had serious consequences for the U.S. economy and posed political issues for President Biden and Vice President Harris, who stood staunchly behind the striking workers.
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