> The tentative agreement is for a wage hike of around 62% over six years, two sources familiar with the matter told Reuters, including a worker on the picket line who heard the announcement. That would raise average wages to about $63 an hour from $39 an hour over the life of the contract.
> The International Longshoremen's Association (ILA) workers union had been seeking a 77% raise while the employer group - United States Maritime Alliance (USMX) - had previously raised its offer to a nearly 50% hike.
Note that this is not a final deal but more like a temporary delay of the strike, while they continue negotiations:
> Both sides said in a statement that they would extend their master contract until January 15, 2025 to return to the bargaining table to negotiate all outstanding issues.