ILA, USMX arrive at tentative agreement
Feb 04, 2013 | 03:15 PM
| Daniel Fitzgerald
Tags
ILA,
International Longshoremen's Association,
USMX,
U.S. Maritime Alliance,
FMCS,
George Cohen,
Harold Daggett,
labor
strike
NEW YORK The International Longshoremens Association (ILA) and U.S. Maritime Alliance (USMX) have reached a tentative agreement, avoiding a work stoppage that would have affected operations at 14 East and Gulf coast ports.
The tentative "master agreement" is subject to the ratification procedures of both parties, as well as deals reached by a number of local unions, according to the Federal Mediation and Conciliation Service (FMCS).
"Those local negotiations are ongoing and will continue without interruption to any port operation. Out of respect for the parties ratification processes and consistent with the agencys long-standing confidentiality policy, we will not disclose any details concerning the substantive provisions that have been reached," FMCS director George H. Cohen said in a statement.....
To access AMM's full content, please log in below. If you do not have an AMM account, we invite you to take a free trial or subscribe below.
Already a registered amm.com user?
Access to amm.com editorial content is granted only to paid subscribers and trialists. If you do not have an active account in your own name, please either subscribe or take a trial and you will have instant access to amm.com content. Sharing your login credentials with individuals who are not subscribers represents a violation of AMM copyright.
Every morning, every minute no matter how often you follow the markets, there's an AMM subscription to fit your needs.
Subscribe Now
Click Here
Not sure if you are ready to invest in a subscription right now? Take a free, no-obligation trial. Start your free trial today.
Take a Free trial
Click Here