Sources: Striking port workers to return to work Friday as negotiators reach an agreement on wages
Striking members of the International Longshoremen’s Association will be back to work at the ports on Friday, two sources told CNN Thursday, as the union and the management group representing shipping lines, terminal operators and port authorities have reached a tentative deal on wages.
The sources who spoke with CNN said there is not yet a final agreement on the complete contract. But one of the sources said that the two sides had agreed to extend the contract that had expired Friday until January 15 and have the union members back on the job while the final details are worked out and the agreement is ratified by the rank-and-file.
The 50,000 members of the union working at ports from Maine to Texas have been on strike since early Tuesday morning, halting the flow of the majority of containerized imports into the United States, along with many of the exports, disrupting the sales of American businesses overseas.
http://www.cnn.com/2024/10/03/business/port-strike-union-deal/index.html
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