Nearly 99% of dockworkers backed the deal, ILA President Harold Daggett announced. The agreement follows last October’s three-day strike that disrupted half of the U.S. container trade.
The new contract, valued at $35 billion, includes a 62% wage increase, enhanced healthcare benefits and full protections against job-replacing automation. Retailers and importers welcomed the resolution, easing concerns over supply chain instability and shifting trade policies, according to the report.