Port workers on the East and Gulf coasts agree to end their strikes

Photo by Anna Moneymaker/Getty Images

Many ports along the East and Gulf coasts were shut down, threatening the country's supply chains, after unionized port workers went on strike on Tuesday. But those workers will return to work after reaching a tentative agreement on wages with the group representing port employers.

As part of the agreement on wages, the United States Maritime Alliance has offered to up wages by 62 percent over a six-year contract, The New York Times reports. The two groups still have other issues to negotiate, and they have agreed to extend the Master Contract" until January 15th, 2025.

The International Longshoremen's Association, which represents the workers, and the United States Maritime Alliance, which represents their employers, shared a joint...

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