The US could have seen shortages and higher retail prices if a dockworkers strike had dragged on
The union representing striking U.S. dockworkers has reached a deal to suspend the strike until Jan. 15 to provide time to negotiate a new contract
By MAE ANDERSON and ANNE D'INNOCENZIO
Published - Oct 04, 2024, 01:42 PM ET
Last Updated - Oct 04, 2024, 01:42 PM EDT
NEW YORK (AP) — U.S. ports from Maine to Texas shut down this week when the union representing about 45,000 dockworkers went on strike for the first time since 1977.
The union representing the striking U.S. dockworkers, the International Longshoremen’s Association, reached a deal Thursday to suspend the strike until Jan. 15 to provide time to negotiate a new contract.
Workers had begun walking picket lines early Tuesday near ports all along the East and Gulf coasts.
A shutdown lasting more than a few weeks could have led to higher prices and shortages of goods throughout the country as the holiday shopping season — along with a tight presidential election — approaches.
