US port workers and operators reach deal to end East Coast strike immediately

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The story "US port workers and operators reach deal to end East Coast strike immediately" was covered 3 hours ago by Channel News Asia, a news publisher based in Singapore.

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US port workers and operators reach deal to end East Coast strike immediately - Channel News Asia

Quick Summary:

Union boss Harold Daggett said previously that employers such as container ship operator Maersk and its APM Terminals North America had not agreed to demands to stop port automation projects that threaten jobs.

Top White House economic adviser Lael Brainard told the carriers at the meeting they needed a new offer to end the strike, and asked them to put a new offer on the table.

The union and the port operators said in a statement that they would extend their master contract until Jan 15, 2025 to return to the bargaining table to negotiate all outstanding issues.