Dockworkers and port operators came to a tentative agreement to end a three-day strike on the East Coast and Gulf Coast ports on Oct. 3.
“This is a tremendous relief to everyone in the U.S. meat and livestock industries, as about $100 million worth of beef and pork products are exported every week through East and Gulf Coast ports,” said U.S. Meat Export Federation President and CEO Dan Halstrom in a statement.
The tentative agreement is for a wage increase of more than 60% over six years, raising wages from $39 an hour to about $63 an hour over the six years.
