Dockworkers tentatively agree to a new deal, preventing a potential port strike that may have snarled supply chains, created shortages and inflation.

U.S. longshoremen reached a contract agreement with ports and shippers Wednesday, averting a potential strike that could have damaged the American economy.

A massive strike across the U.S. East and Gulf Coast ports has been averted after a dockworker union and an alliance of companies, terminal operators, and port associations, negotiated a new labor contract.

The International Longshoremen's Association reached an agreement Wednesday on a new master labor contract with the United States Maritime Alliance, averting a strike at U.S. east coast and gulf coast ports.

Dockworkers and employers on the East and Gulf Coasts had until Jan. 15 to reach a new agreement that settled differences over automation.

The International Longshoremen’s Association reached a tentative agreement late Wednesday on a new, six-year contract with the U.S. Maritime Alliance, the group representing port operators

The United States Maritime Alliance and the International Longshoremen's Association reached a deal on a contract Wednesday night, avoiding a strike that could have closed ports up and down the East Coast and crippled the U.S. economy.

The longshoremen’s union was threatening a work stoppage that could have frozen East and Gulf coast ports days before President-elect Trump takes office.

The union representing 45,000 dock workers on the U.S. East and Gulf Coasts and their employers on Wednesday said they reached a tentative deal on a new six-year contract, averting further strikes that could have snarled supply chains and taken a toll on the U.