ILA, USMX Reach Tentative Deal on Contract

The International Longshoremen's Association (ILA) and the U.S. Maritime Alliance (USMX) have reached a tentative agreement on a new six-year master contract, averting a potential strike that could have begun on January 15, 2025. The agreement protects current ILA jobs and outlines a framework for implementing new technologies that aim to modernize East and Gulf Coast ports, enhancing safety and efficiency while maintaining supply chain strength. Specific terms of the deal are not yet disclosed, as both union and alliance members must ratify the agreement before it takes effect. Concerns about increased automation and its impact on jobs had previously fueled tensions, leading to a temporary strike in October. This new contract is viewed as a 'win-win' for both sides, supporting American consumers and businesses. Until ratification, the existing contract remains in effect.