U.S. Dockworkers Vote on Labor Deal This Week
Unionized dockworkers will vote this week on a labor contract that retailers and manufacturers hope will secure peace on the waterfront through September 2030, banishing fears of a repeat of a three-day strike in October that hobbled U.S. trade.
Workers are widely expected to ratify the new contract on Tuesday, which International Longshoremen's Association leaders are heralding as a "historic" win with a 62% pay increase and " full protection against automation" across East Coast and Gulf Coast ports.
Some port employers are privately heralding the deal, too.
Shipping executives...
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