Policy Backgrounders
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Geopolitics Hub

Policy Backgrounders

CED’s Policy Backgrounders provide timely insights on prominent business and economic policy issues facing the nation.

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

Download Committee for Economic Development

Authors

Dr. Lori Esposito Murray

Dr. Lori Esposito Murray

Former President

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Mitchell Barnes

Mitchell Barnes

Senior Economic Policy Analyst

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