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
U.S. Senator Roger Marshall (R-KS) shares his perspective on the U.S.-China trade developments and their potential impact on American producers, farmers, and ranchers.
Rich Nelson, a commodity broker for Allendale Inc., joins us to break down what the U.S.-China trade agreement means for the ag economy.
The U.S.-China summit raises hopes for stronger exports and reduced barriers, but U.S. ag players should remain strategically cautious until concrete volumes and certifications materialize.
Global agriculture is stabilizing after years of price swings, with flat to modestly rising returns expected as productivity offsets slower demand growth.
Expect incremental near-term lift for feed grains, proteins, and ethanol as tariff cuts and smoother approvals translate into real orders.
Cattle markets are collapsing this week, and analysts say that several factors are at play. Consumer beef prices also remain near all-time highs, threatening long-term demand.
