Second US port strike averted as union, employers reach deal
The union representing 45,000 dock workers on the U.S. East and Gulf Coasts and their employers on Wednesday said they reached a tentative deal on a new six-year contract, averting further strikes that could have snarled supply chains and taken a toll on the U.
Both sides credit Trump with a role in settling the dispute, but its unique circumstances make it hard to predict how he will approach other labor issues.
Trans-Pacific container rates increased sharply to start 2025, according to analyst Freightos, as importers brought shipments ...
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