U.S. East Coast and Gulf ports resumed operations after unionized dockworkers reached a tentative labor agreement with an employer group for a new contract, ending a three-day strike. The agreement, which was announced on Thursday,

In a major relief for the maritime industry, the strike by the International Longshoremen’s Association (ILA), which led to the closure of US East Coast ports from 1 October, has been postponed at least till January 2025.

The port workers union is demanding a 77% wage increase over six years along with limits on automation, which it argues is hurting workers.