Experts Say Tentative Dockworkers Deal Strikes Balance
A tentative deal granting U.S. dockworkers a pay hike averted a potential supply chain crisis, while opening the door to modernizing ports.
A tentative deal granting U.S. dockworkers a pay hike averted a potential supply chain crisis, while opening the door to modernizing ports.
Retailers have ramped up their merchandise deliveries amid a threatened strike by U.S. dockworkers that could disrupt the imminent holiday shopping season. 45,000 dockworkers are poised to walk out at 36 ports along the East and Gulf coasts following the expiration of the longshoremen’s six-year master contract, which expires on October 1.