Dockworkers on the East and Gulf Coasts reached a tentative labor agreement, averting a strike that could have severely impacted the economy before the inauguration of President-elect Donald J. Trump.
The agreement addresses key concerns about the introduction of automated cargo-moving machinery, aiming to protect current I.L.A. jobs while also establishing a framework for technological advancement.
A crucial part of the labor negotiations involved a wage increase of over 60 percent over six years, contingent upon resolving issues related to automation by a January deadline.
The joint statement issued by both parties emphasized that the agreement not only secures jobs but also sets out a modernized approach to handling cargo at major ports.
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