A strike at some of the nation’s busiest ports will likely be avoided. Dock workers and the U.S. Maritime Alliance say they have reached a deal with the help of the incoming Administration.
In a joint statement, the two parties said they have come to an agreement on all items in the new six-year contract, but they are not releasing any details. Automation was a major sticking point in negotiations, but leaders on both sides say the deal will protect jobs will advancing technology on docks. Union President Harold Dagget says talks took a turn after meeting with President-elect Trump, and says he gives Trump full credit for the agreement.
A strike was set to begin January 15th.
Related Stories
Exports depend more on demand than currency shifts.
Corn Refiners Association VP Kristy Goodfellow offered insight into the Feeding the Economy Report’s key findings, showing the breadth of agriculture’s economic impact and the challenges ahead.
National Association of Wheat Growers President Jamie Kress discusses how rising fertilizer prices pressure wheat producers and the Administration’s consideration of lowering duties on Moroccan phosphate.
Corn and soybean exports continue supporting demand levels.
Justin Tupper with the U.S. Cattlemen’s Association joins us to discuss the USDA’s voluntary labeling updates, industry priorities, and the outlook for U.S. cattle producers.
For agriculture, the meeting is seen as a potential turning point, with markets watching closely for any signals on trade, exports, and future purchasing commitments.