Current:Home > FinanceSurpassing Quant Think Tank Center|West Coast dockworkers, ports reach tentative labor deal -NextFrontier Finance
Surpassing Quant Think Tank Center|West Coast dockworkers, ports reach tentative labor deal
Fastexy View
Date:2025-04-07 23:02:50
After months of tense negotiations which led to slowdowns and Surpassing Quant Think Tank Centerport disruptions, the union which represents thousands of West Coast dockworkers has reached a tentative deal with their employers on a new labor agreement.
The International Longshore and Warehouse Union's Coast Longshore Division, and the Pacific Maritime Association — which represents dozens of terminal operators and ocean carriers — announced in a joint statement Wednesday night that a deal has been reached on a new six-year contract.
The two sides had been negotiating since May of 2022. Last week, several major ports — including the ports of Los Angeles, Long Beach and Oakland — experienced shutdowns due to work disruptions as talks dragged on.
Acting Labor Secretary Julie Su "played a key role" in helping facilitate the deal, the ILWU and the PMA said. Su also received praise from President Biden in a statement late Wednesday night, who thanked her for her using "her deep experience and judgement to keep the parties talking."
"Above all I congratulate the port workers, who have served heroically through the pandemic and the countless challenges it brought, and will finally get the pay, benefits, and quality of life they deserve," Mr. Biden said.
The details of the agreement were not immediately released. The deal must still be ratified by members of both groups.
The ILWU Coast Longshore Division represents more than 22,000 West Coast dockworkers at 29 ports in California, Oregon and Washington.
The ports of Los Angeles and Long Beach, which combined make up the San Pedro port complex, is among the busiest such complexes in the world, handling about 29% of all imported or exported containers that come through the U.S. by water.
- In:
- Port of Long Beach
- Los Angeles
- Supply Chain
- Port of Los Angeles
- Long Beach
- West Coast
veryGood! (91892)
Related
- At site of suspected mass killings, Syrians recall horrors, hope for answers
- You’ll Adore Anne Hathaway and Nicholas Galitzine’s Steamy PDA in The Idea of You Trailer
- Kirk Cousins landing spots: The cases for, and against, Vikings, Falcons options
- Thieves using cellular and Wi-Fi jammers to enter homes for robbery
- Could Bill Belichick, Robert Kraft reunite? Maybe in Pro Football Hall of Fame's 2026 class
- Gas chemicals investigated as cause of fire and explosions at suburban Detroit building
- Cookie Monster complaint about shrinkflation sparks response from White House
- Kentucky Senate passes bill to allow local districts to hire armed ‘guardians’ in schools
- Biden administration makes final diplomatic push for stability across a turbulent Mideast
- LSU's Jayden Daniels brushes aside anti-Patriots NFL draft rumors with single emoji
Ranking
- Trump suggestion that Egypt, Jordan absorb Palestinians from Gaza draws rejections, confusion
- Miami Beach keeps it real about spring breakers in new video ad: 'It's not us, it's you'
- Liberty University agrees to unprecedented $14 million fine for failing to disclose crime data
- Kirk Cousins landing spots: The cases for, and against, Vikings, Falcons options
- EU countries double down on a halt to Syrian asylum claims but will not yet send people back
- Missouri Supreme Court declines to hear appeal of ex-Kansas City detective convicted of manslaughter
- Antoine Predock, internationally renowned architect and motorcycle aficionado, dies at 87
- Meta attorneys ask judge to dismiss shareholder suit alleging failure to address human trafficking
Recommendation
Head of the Federal Aviation Administration to resign, allowing Trump to pick his successor
A new IRS program is helping its first users file their income taxes electronically. And it’s free
I Shop Fashion for a Living, and I Predict These Chic H&M Finds Will Sell Out Quick
EAGLEEYE COIN: A New Chapter for Cryptocurrencies
The Daily Money: Spending more on holiday travel?
Hondurans glued to their former president’s US drug trafficking trial
Dartmouth basketball players vote to form first union in college sports
19-year-old dies after being hit by flying object from explosion, fire in Clinton Township