US port union agrees to temporarily suspend strike
ECONOMY & POLICY

US port union agrees to temporarily suspend strike

The International Longshoremen's Association agreed to suspend a strike that had shut down major ports along the East and Gulf coasts. This decision came after port employers made an improved wage offer.

The strike, which had been initiated by the dockworkers union, posed a potential economic challenge just five weeks before national elections. Employers, represented by the US Maritime Alliance, proposed a 62 per cent wage increase over the duration of a new six-year contract, according to a source familiar with the negotiations. This proposed increase, while less than what the union initially demanded, was significantly higher than the alliance's earlier offer.

In a statement, the union mentioned that they had reached a "tentative agreement on wages" and announced that their 45,000 members would return to work, with the current contract extended until January 15. The union also noted that negotiations on other unresolved issues would continue. The alliance released a similar statement.

The agreement was reached following pressure from the White House, which had urged both parties to settle the dispute and end the strike—the union's first major walkout since 1977. The wage increase was seen as a significant victory for the ILA and its president, Harold J Daggett, a 78-year-old third-generation dockworker who has been leading the union since 2011.

When asked about the tentative agreement at Joint Base Andrews on Thursday evening, President Joe Biden commented that the administration had been working diligently on the issue and expressed hope that the deal would hold.

A 62% wage increase would bring the top longshoremen’s wage to just over $63 per hour by the end of the new six-year contract, compared to the current $39 per hour. At this rate, East and Gulf Coast longshoremen's wages would slightly surpass those of their West Coast counterparts, who belong to a different union, by the end of their contract in 2027.

The International Longshoremen's Association agreed to suspend a strike that had shut down major ports along the East and Gulf coasts. This decision came after port employers made an improved wage offer. The strike, which had been initiated by the dockworkers union, posed a potential economic challenge just five weeks before national elections. Employers, represented by the US Maritime Alliance, proposed a 62 per cent wage increase over the duration of a new six-year contract, according to a source familiar with the negotiations. This proposed increase, while less than what the union initially demanded, was significantly higher than the alliance's earlier offer. In a statement, the union mentioned that they had reached a tentative agreement on wages and announced that their 45,000 members would return to work, with the current contract extended until January 15. The union also noted that negotiations on other unresolved issues would continue. The alliance released a similar statement. The agreement was reached following pressure from the White House, which had urged both parties to settle the dispute and end the strike—the union's first major walkout since 1977. The wage increase was seen as a significant victory for the ILA and its president, Harold J Daggett, a 78-year-old third-generation dockworker who has been leading the union since 2011. When asked about the tentative agreement at Joint Base Andrews on Thursday evening, President Joe Biden commented that the administration had been working diligently on the issue and expressed hope that the deal would hold. A 62% wage increase would bring the top longshoremen’s wage to just over $63 per hour by the end of the new six-year contract, compared to the current $39 per hour. At this rate, East and Gulf Coast longshoremen's wages would slightly surpass those of their West Coast counterparts, who belong to a different union, by the end of their contract in 2027.

Related Stories

Gold Stories

Next Story
Resources

Schindler named among Forbes’ World’s Best Employers 2026

Schindler has been named among Forbes’ World’s Best Employers 2026, a global ranking recognising companies for their workplace environments.Compiled by Forbes in partnership with Statista, the ranking is based on independent employee feedback, including whether employees would recommend their organisation to friends and family.The company said the recognition reflected its focus on creating a workplace where employees can develop their expertise and build careers. ..

Next Story
Infrastructure Urban

India needs an export-execution mindset: Vishesh Jain

Interview with Vishesh Jain, Founder & CEO, EximpleWhat gaps in India’s global trade ecosystem led you to build Eximple, and what problem did you see businesses struggling with most?Eximple came out of a problem that all three founders had seen from different choke points in the trade ecosystem. India has millions of MSMEs and manufacturers, and many of them can make products that are genuinely competitive on quality. Yet only a small fraction is able to build meaningful international businesses. In our experience, the gap is usually not manufacturing capability; it is the ability to exe..

Next Story
Building Material

Nuvoco reports 13.5% revenue growth in Q2 FY27

Nuvoco Vistas Corp. Ltd. reported consolidated revenue of Rs 27.9 billion for Q2 FY27, up 13.5% year on year. Cement sales volume rose 9% to 4.7 million tonnes (MMT), while EBITDA increased 11% to Rs 4.11 billion.The company said it began its cement operations in 2014 with a 2.3 MMT per annum (MMTPA) operation at Nimbol. It now aims to reach 35 MMTPA of cement capacity by FY28, nearly 15 times its initial capacity. Its portfolio spans cement, ready-mix concrete and modern building materials.On sustainability and cost efficiency, Nuvoco partnered with CleanMax for a 46.4 MW wind-solar hybrid re..

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement

SPECIAL OFFER
QR Code