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How did 50K dockworkers strike at US ports with only 25K jobs? New York Post Striking port workers to return to work Friday as negotiators reach an agreement on wages CNNDockworkers strike suspended, tentative agreement includes 62% pay raise over 6 years ABC NewsOpinion | On the Waterfront, the Sequel The Wall Street Journal
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Some 45,000 dockworkers at East and Gulf coast ports are returning to work after their union reached a deal to suspend a strike that could have caused shortages and higher prices if it had dragged on.
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Companies sweeten contract offer to a 62% wage increase to reopen ports from Maine to Texas.
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The strike that snarled East Coast and Gulf Coast ports is suspended. The dockworkers' union and the ocean carriers and port operators reached a tentative agreement -- ending the three-day standoff.
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Striking dockworkers reached a tentative agreement with port operators on Thursday for a 62 percent wage increase and have extended their contract through Jan. 15 to bargain over remaining issues.
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