Washington - Business Roundtable CEO Joshua Bolten today issued the following statement regarding the tentative agreement between the International Longshoremen’s Association and the United States Maritime Alliance:

“Business Roundtable commends both parties for reaching a tentative agreement to reopen the East Coast and Gulf Coast ports. A protracted port strike would have caused significant economic damage for American businesses, workers and consumers. We encourage both sides to reach a long-term agreement before the January 15, 2025 deadline.”