Source: Washington Post
“Port terminal operators and the longshoreman’s union reached a tentative deal on Wednesday that averts a port strike that would have shut down the major East and Gulf Coast ports next week. The deal must still be voted on by union members but offers workers new protections against automated technology replacing jobs. … The looming strike could have shut down all major ports from Maine to Texas had a deal not been reached by Jan. 15, costing the economy hundreds of millions of dollars a day, according to some estimates.” (01/08/25)