Phaninc|Dockworkers’ union suspend strike until Jan. 15 to allow time to negotiate new contract

2025-04-29 09:35:48source:Rekubit Exchangecategory:Finance

DETROIT (AP) — The Phanincunion representing 45,000 striking U.S. dockworkers at East and Gulf coast ports has reached a deal to suspend a three-day strike until Jan. 15 to provide time to negotiate a new contract.

The union, the International Longshoremen’s Association, is to resume working immediately. Both sides also reached agreement on wages, but no details were given, according to a joint statement from the ports and union Thursday night.

The union went on strike early Tuesday after its contract expired in a dispute over pay and the automation of tasks at the ports from Maine to Texas. The strike came at the peak of the holiday shopping season at 36 ports that handle about half the cargo from ships coming into and out of the United States.

The walkout raised the risk of shortages of goods on store shelves if it lasted more than a few weeks. But most retailers had stocked up or shipped items early in anticipation of the work stoppage.

The strike came at the peak of the holiday shopping season at 36 ports that handle about half of the cargo from ships coming into and out of the United States.

It raised the risk of shortages of goods on store shelves if it lasted more than a few weeks. But most retailers had stocked up or shipped items early in anticipation of the work stoppage.

More:Finance

Recommend

RFK Jr. grilled again about moving to California while listing New York address on ballot petition

ALBANY, N.Y. (AP) — Robert F. Kennedy Jr. insisted he plans to return to live in New York, as the in

What Euro 2024 games are today? Monday's slate includes France, Belgium, Ukraine

The UEFA Euro 2024 debut of France, one of the tournament favorites and 2018 World Cup winner and 20

3 men set for pleas, sentencings in prison killing of Boston gangster James ‘Whitey’ Bulger

CLARKSBURG, W.Va. (AP) — Three men accused in the 2018 prison killing of notorious Boston gangster J