Exclusive | U.S. Port Workers Agree to End Their Strike - WSJ

President Biden applauded the agreement, saying in a statement, “Collective bargaining works, and it is critical to building a stronger economy from the middle out and the bottom up.”

My guess is the terminals and shipping lines will eat the 62% increase in their labor cost and it definitely won’t show up in the form of higher prices on the few consumer goods that are transported by boat.