Index-linked agreements: 'shippers have to have the stomach for them'
Shippers pondering the pros and cons of index-linked agreements (ILAs) “have to have the stomach ...
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By Alex Lennane
The USMX and the ILA – likely under the influence of the White House – have ended the strike, for now, with ports re-opening today.
The pair announced last night that they have reached a “tentative agreement on wages” and that they will extend the current master contract until 15 January, five days before the new US president takes office.
In a joint statement, they said that they would “return to the bargaining table to negotiate all other outstanding issues. Effective immediately, ...
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