# Second US port strike averted as union, employers reach deal | Reuters

> The ILA and USMX reached a tentative deal on a new six-year contract for 45,000 dockworkers on the US East and Gulf Coasts, averting further strikes. The agreement includes a resolution on automation, the main sticking point. Shipping executives and analysts had worried the parties would not reach agreement.

- Date: 2025-01-09 · published 2025-01-09T12:00:00.000Z
- Category: logistics · region US · magnitude medium
- Page: https://feedsoft.ai/events/26507-second-us-port-strike-averted-as-union-employers-reach-deal-reuters
- Commodities: [Ocean Grain Freight](https://feedsoft.ai/c/OCEANFRT.md)

## Why it matters

Averting the strike removes a supply-chain disruption risk for US containerized exports and imported feed inputs. Ratification is still required, so the price impact is modest but relevant for logistics costs.

## Read by commodity

- OCEANFRT: bearish ▼

## Sources

- reuters.com: https://www.reuters.com/world/us/us-dockworkers-port-employers-reach-tentative-agreement-2025-01-09/

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Data from Feedsoft AI (https://feedsoft.ai/). For information only; not investment advice.