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Tentative Labor Agreement Eases Supply Chain Concerns at West Coast Ports

June 22, 2023

The year-long negotiation of a new contract between dockworkers at West Coast ports and employers ended in a tentative agreement on June 14, signaling continued relief for US and global supply chains. 

  • Dockworkers had been without a union contract since July 2022 with negotiations growing contentious on how to distribute pandemic-era record profits, which have moderated in recent months as supply chain stresses recede.
  • The White House intervened in the negotiations with Acting Labor Secretary Julie Su helping to broker the surprise deal, despite analysts’ expectations the two sides remained far apart.
  • The agreement helps to continue easing global supply chain pressures, which stood at a nearly 25-year low in April ahead of the deal

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Authors

Dr. Lori Esposito Murray

Dr. Lori Esposito Murray

Senior Fellow for National Security & Managing Director of CEO Programs

Read BioDr. Lori Esposito Murray

Mitchell Barnes

Mitchell Barnes

Economist

Read BioMitchell Barnes

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