Learn more

The recent port strike on the East and Gulf coasts ended following a tentative agreement between dockworkers and port operators, resolving a labor dispute that had threatened to disrupt supply chains. According to CNN, the agreement includes a substantial wage increase and improved working conditions, addressing the International Longshoremen’s Association’s key demands. “The breakthrough Thursday came after port employers offered a 62% increase in wages over six years, according to people familiar with the matter,” stated the Wall Street Journal. The agreement includes a contract extension th…

cuu