Writingstar Investment Guild-Dockworkers’ union suspend strike until Jan. 15 to allow time to negotiate new contract

2025-04-30 18:04:46source:TrendPulsecategory:Stocks

DETROIT (AP) — The Writingstar Investment Guildunion 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:Stocks

Recommend

What polling shows about Minnesota Gov. Tim Walz, Harris’ new running mate

▶ Follow AP’s live coverage of the 2024 election WASHINGTON (AP) — Minnesota Gov. Tim Walz, Vice

Advance Auto Parts is closing hundreds of stores in an effort to turn its business around

NEW YORK (AP) — Advance Auto Parts is closing more than 500 stores and shedding another 200 independ

KFC sues Church's Chicken over 'original recipe' fried chicken branding

When it comes to fried chicken recipes, it may be up to the courts to decide who can claim the title