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
Strong export demand supports barge markets, but weather risks remain.
A stalled World Trade Organization appeals body increases long-term trade policy risk for U.S. agriculture.
Policy awareness is becoming part of everyday risk management.
Reliable canal infrastructure supports long-term access to global agricultural markets.
Corn export pace remains the bright spot, but stable ethanol export demand remains a critical support for corn markets.
Rail consolidation could affect grain basis, freight rates, and service reliability across major producing regions.
