10/03/2024 | Press release | Distributed by Public on 10/03/2024 19:20
As part of a tentative wage agreement reached today between the International Longshoreman's Association (ILA) and United States Maritime Alliance (USMX), ILA members have agreed to reopen ports along the East and Gulf Coast and restart contract negotiations. The Retail Industry Leaders Association (RILA) issued the following statement in response.
"The retail industry is relieved to see positive progress in the ILA and USMX contract negotiations that ensures the vital East and Gulf Coast ports are open and fully operational.
"Without the specter of disruption looming, the U.S. economy can continue on its path for growth and retailers can focus on delivering for consumers.
"We encourage both parties to stay at the negotiating table until a final deal is reached that provides retailers and consumers full certainty that the East and Gulf Coast ports are reliable gateways for the flow of commerce."