Port workers from the International Longshoremen's Association (ILA) participate in a strike at the Virginia International Gateway in Portsmouth, Virginia, U.S., October 2, 2024. REUTERS/Jose Luis Gonzalez
NEW YORK/WASHINGTON (Reuters) -U.S. dock workers and port operators have reached a tentative deal that will immediately end a crippling three-day strike that has shut down shipping on the U.S. East Coast and Gulf Coast, the two sides said in a statement on Thursday.
The tentative agreement is for a wage hike of around 62% over six years, two sources familiar with the matter told Reuters, including a worker on the picket line who heard the announcement. That would raise average wages to about $63 an hour from $39 an hour over the life of the contract.
