The port strike in the US has ended

Late last week, an agreement was reached between the ILA and the USMX, temporarily bringing an end to the port strike on the U.S. East Coast.

Following negotiations, the parties agreed on a new collective agreement, which officially ended the strike last Thursday. One of the key issues during the talks was the dockworkers’ salary, and this is the area where a deal has been reached. The new agreement is set to run until January 15, 2025, and is seen as a temporary solution that ends the strike for the time being.

However, negotiations will continue as certain details, particularly concerning port automation, remain unresolved. We hope the parties can settle these issues before the current agreement expires to prevent further strikes.

According to the information we have received, at least 45 container vessels were unable to dock during the three days the strike lasted. This will likely affect cargo handling to and from the U.S. in the coming weeks, potentially leading to increased costs, port congestion, and changes in shipping schedules.

Additionally, U.S. President Joe Biden has commented on the strike, expressing strong support for the dockworkers. He requested the employers to improve their offer, which they eventually did.

We will continue to monitor the situation, and if you have any further questions, please don’t hesitate to contact us!

Sincerely,

C Land Logistics.