The U.S. port strike is over. This is what it means for transportation and shipping stocks.

United States

Last Updated: Oct. 4, 2024 at 5:48 p.m. ET
First Published: Oct. 4, 2024 at 8:55 a.m. ET

The end of the three-day U.S. port strike has implications for a number of transportation and shipping stocks, say analysts.

Late Thursday, the International Longshoremen’s Association and the United States Maritime Alliance said they had reached a tentative agreement on wages and agreed to extend their master contract until Jan. 15. The agreement ended a strike that affected U.S. ports from Maine to Texas and sparked fears of widespread economic impact.