On October 3, the International Longshoremen’s Association (ILA) announced that it had reached a deal to suspend its three-day strike until Jan. 15 to provide time to negotiate a new contract (see: https://www.cbsnews.com/news/port-strike-ends-tentative-deal-until-jan-15-dockworkers/).

This market will resolve to "Yes" if the ILA or its leadership declares or announces a strike affecting any US East Coast or Gulf Coast port at any point in January 2025 ET. Otherwise, this market will resolve to "No."

If the ILA announces a new deal which would avert any US East Coast or Gulf Coast port strike through January of 2025, this market will resolve to "No".

The resolution source will be official announcements from the ILA however a consensus of credible reporting will also be used.