Washington DC - The International Longshoremen's Association (ILA) and United States Maritime Alliance (USMX) said Wednesday that they have reached a tentative last-minute deal on a new contract, averting a looming .
The International Longshoremen's Association (ILA) and United States Maritime Alliance (USMX) have reached a tentative last-minute deal on a new contract. © JOE RAEDLE / GETTY IMAGES NORTH AMERICA / GETTY IMAGES VIA AFPThe ILA, which represents dockworkers, and USMX, which represents shipping companies and terminal operators, announced in a joint statement that they had reached an agreement on a new six-year "master contract."
The tentative deal allows them to continue operating under the until both sides vote on a final deal, averting the need for strike action ahead of a January 15 deadline.
"This agreement protects current ILA jobs and establishes a framework for implementing technologies that will create more jobs while modernizing East and Gulf Coast ports," ILA and USMX announced.
The deal, they added, will also make the ports "safer and more efficient" and add new capacity.
"This is a win-win agreement that creates ILA jobs, supports American consumers and businesses, and keeps the American economy the key hub of the global marketplace," they said.
The tentative agreement staves off strike action by the ILA, allowing US ports to continue operating on the East and Gulf coasts.
The ILA it said involved some 45,000 workers, after the two sides hit an impasse in negotiations.
The strike , from Maine to Texas, which handle an array of goods, including food and electronics.