News / US port strike called off as ILA and USMX reach 'tentative' agreement

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Shippers can breathe a sigh of relief, the east and Gulf coast port strike slated to start next week looks set to be called off – and freight rates could ease. 

Last night, despite much speculation to the contrary, the ILA and USMX came to a ‘tentative’ agreement  ? on all items  ? on a new six-year master contract. 

The two sides have agreed to continue under the current contract until the union can meet with its wage scale committee to schedule ...