Sunday, October 07, 2012

Port Strike 2012 Update: 09/20/12

An agreement was reached today for a 90-day extension to the existing contract between the International Longshoremen’s Association (ILA) and the USMX, ending the risk of an October 1 strike in ports across the U.S. east and Gulf coasts. As a result, the possibility of a strike has now been delayed to January 1, 2013.   The agreement came after a meeting monitored by the Federal Mediation and Conciliation Service.