Canadian West Coast port workers end strike, ratify contract offer
Members of the International Longshore and Warehouse Union (ILWU) of Canada have voted to ratify a second tentative agreement with West Coast port ownership, ending weeks of uncertainty and trade congestion caused by strikes. The new deal includes increases in wages, benefits, and training, but specific details were not provided. The strike caused significant supply chain delays, with an estimated two months needed to clear the backlog of containers. Changes to vessel routes have impacted the profitability of railroads and trucking companies, while rerouting Canadian trade to the East Coast could benefit other railroads.