00:00It's Benzinga, and here's what's on the block.
00:02The tentative agreement to suspend the International Longshoremen's Association strike offers relief
00:07for consumers and businesses, but logistics experts caution that significant challenges
00:12remain.
00:13ILA President Harold Daggett has emphasized the need to tighten language on automation,
00:18labeling it a cancer threatening job security.
00:20The ILA previously negotiated restrictions on automation, and any further discussions
00:25are expected to be contentious.
00:27In an interview with CNBC, Acting Labor Secretary Julie Hsu echoed ILA President Harold Daggett's
00:33sentiments about U.S. port efficiency, emphasizing that machines don't have families.
00:37For all things money, visit Benzinga.com.
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