The International Longshoremen’s Association and United States Maritime Alliance have reached a tentative agreement on all items for a new six-year master labor contract. This covers ports on the East and Gulf Coasts.
The two sides agreed to extend the current contract until the ILA’s full Wage Scale Committee can schedule a ratification vote and USMX members can ratify the terms of the new contract.
“This tentative contract agreement is great news for red meat exporters and for all of U.S. agriculture,” says U.S. Meat Export Federation President and CEO Dan Halstrom. “The assurance that there will be no work stoppage at East and Gulf Coast ports eliminates a cloud of uncertainty and bolsters the U.S. industry’s reputation as a reliable supplier of pork, beef, and lamb.”
See a recent story on the implications of work stoppages on the East and Gulf Coasts: https://www.midwestfarmreport.com/2024/12/31/port-labor-dispute-already-disrupting-exports/
