Despite prognosticators suggesting that the International Longshoremen’s Association port strike would lead to an economic calamity, the work stoppage barely lasted three days.

On Thursday night, the striking port workers and the United States Maritime Alliance, which represented the shipping companies, agreed in principle to a deal that would raise the striking workers’ pay by 62% over the next six years. In turn, the union announced that it would cease the strike until Jan. 15 to allow time for a full contract to be negotiated.

Recommended Stories

Trump offers $1 million reward for tips resulting in voter fraud convictions

Vance leads Rubio by double digits in early 2028 Republican poll

McCormick takes on Pennsylvania’s red tape, one binder at a time