A tentative agreement has been reached to end 13 months of labor talks between the Pacific Maritime Association and the International Longshore and Warehouse Union, easing concerns about supply chain disruptions.
Dan Halstrom, president and CEO of the US Meat Export Federation says the deal is monumental for the U.S. red meat industry. “A huge percentage of our business especially value-added chilled business, which is our highest value business for both beef and pork goes off the West Coast for Asian markets like Japan, Korea, Taiwan, China,” he says.