The International Longshoremenâs Association (ILA) suspended its port strike along the East and Gulf Coasts on Thursday after agreeing to hold off until Jan. 15 to negotiate a new contract, according to a statement from the union.
The strike, which began early Tuesday, affected 14 major ports after the union failed to reach a contract deal with the United States Maritime Alliance (USMX). While no final agreement has been reached, both sides have agreed to extend the previous contract until Jan. 15, allowing the unionâs more than 40,000 members to return to work, the union confirmed in a public statement.
âThe International Longshoremenâs Association and the United States Maritime Alliance, Ltd. have reached a tentative agreement on wages and have agreed to extend the Master Contract until January 15, 2025 to return to the bargaining table to negotiate all other outstanding issues. Effective immediately, all current job actions will cease and all work covered by the Master Contract will resume,â a statement on the unionâs website states.
The extended time will reportedly allow USMX and the ILA to finalize a new six-year contract, with both sides agreeing to a 62% wage increase, according to Reuters. The ILA had initially sought a 77% increase, while USMX had offered nearly 50%, leading to the initial conflict.
Former U.S. Secretary of Labor in the Trump administration, Eugene Scalia, had warned Fox viewers on Wednesday evening that it could cause âextraordinary consequencesâ for the economy if it dragged on, potentially leading President Joe Biden to file an injunction in court against the unions.
âThese strikes can have just extraordinary consequences on the entire economy. Most of the time, when youâve had a coast-wide strike like this. Up and down the East Coast, the Gulf of Mexico, if they have lasted very long, presidents, Republicans and Democrats, have decided they need to go to court and get an injunction,â Scalia said.
âThatâs something, as the ILA president laid it out, you are looking at after two, three weeks, the consequences to the rest of the country become very severe,â Scalia continued. âI think the president will need to give very serious consideration by next week to whether he needs to go to court.â
The ILA and USMX did not immediately respond to the Daily Caller News Foundationâs request for comment.
All content created by the Daily Caller News Foundation, an independent and nonpartisan newswire service, is available without charge to any legitimate news publisher that can provide a large audience. All republished articles must include our logo, our reporterâs byline and their DCNF affiliation. For any questions about our guidelines or partnering with us, please contact [email protected].