The International Longshoremen's Association and the United States Maritime Alliance reached a tentative agreement, with port workers set to suspend their strike until January 15.
Port employers proposed a 62% wage increase over six years, marking significant progress in negotiations between the striking dockworkers and management.
A joint statement confirmed that the Master Contract will be extended until January 15, allowing both parties to hash out all other outstanding issues.
With more than 45,000 workers returning to work, this tentative agreement indicates a movement towards resolving the dispute which led to the strike.
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