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Days after tens of thousands of longshoreman along the East and Gulf Coasts walked out, their union and their bosses reached a tentative agreement on wages.
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The International Longshoremen's Association received a new wage offer and will halt its walkout at East and Gulf Coast ports, which began Tuesday.
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Equities rise with dollar, bond yields as investors cheer strong US payrolls ReutersLive updates: US economy added a whopping 254,000 jobs last month CNNAmerican Consumer Spending Boosts September Hiring The Wall Street JournalFed close to pulling off the elusive economic soft landing in 2024 after great September jobs report CNBC
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Biden helped end the dockers strike by saying reopening the ports to help Hurricane Helene victims would be patriotic FortuneThe port strike is over. Here's what happens next CNNPort Workers Get a Raise. Now Comes the Hard Part. BloombergOpinion | On the Waterfront, the Sequel The Wall Street Journal
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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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The end of the port strike that shut down shipping on the East and Gulf coasts after three days comes as a relief to the auto industry, which had feared supply bottlenecks that could last months.
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College football games, Week 6: Underdogs take center stage for a change, Heisman Trophy race shifts again CBS SportsCollege football Week 6 preview: Everything you need to know (and ask!) heading into the weekend ESPNTop 5 college football games to watch for Saturday, Week 6 picks NOLA.com
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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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