Current:Home > StocksTradeEdge-Dockworkers’ union suspend strike until Jan. 15 to allow time to negotiate new contract -ThriveEdge Finance
TradeEdge-Dockworkers’ union suspend strike until Jan. 15 to allow time to negotiate new contract
SignalHub Quantitative Think Tank Center View
Date:2025-04-08 07:38:18
DETROIT (AP) — The TradeEdgeunion 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.
veryGood! (16)
Related
- Taylor Swift makes surprise visit to Kansas City children’s hospital
- Tesla Cybertruck production faces 'enormous challenges,' admits Musk
- Bruce Bochy is only manager in MLB history to win title with team he beat in World Series
- 'All the Light We Cannot See' is heartening and hopeful wartime tale
- Intel's stock did something it hasn't done since 2022
- In 'Priscilla,' we see what 'Elvis' left out
- RHOC's Shannon Beador Sentenced to 3 Years Probation, Community Service After DUI Arrest
- Maine mass shooting puts spotlight on complex array of laws, series of massive failures
- Paula Abdul settles lawsuit with former 'So You Think You Can Dance' co
- 5 Things podcast: Israeli troops near Gaza City, Donald Trump Jr. took the witness stand
Ranking
- Questlove charts 50 years of SNL musical hits (and misses)
- Officers fatally shoot knife-wielding man at a popular California restaurant after machete attack
- Man killed after pursuit and shootout with Alaska authorities, troopers say
- Police in Bangladesh disperse garment workers protesting since the weekend to demand better wages
- Former longtime South Carolina congressman John Spratt dies at 82
- A pilot accused of threatening to shoot a commercial airline captain is an Air Force Reserve officer
- 'All the Light We Cannot See' is heartening and hopeful wartime tale
- Disney to purchase remaining stake in Hulu for at least $8.61 billion, companies announce
Recommendation
Justice Department, Louisville reach deal after probe prompted by Breonna Taylor killing
He lured them into his room promising candy, police say. Now he faces 161 molestation charges
Takeaways from AP’s reporting on an American beef trader’s links to Amazon deforestation
Vaping by high school students dropped this year, says US report
The Daily Money: Spending more on holiday travel?
Suspect charged with killing Tupac Shakur loses his lawyer day before arraignment in Vegas
Panama’s congress backtracks to preserve controversial Canadian mining contract
DoorDash warns customers who don't tip that they may face a longer wait for their food orders