Trade groups and industry leaders were at ease after the International Longshoremen’s Association the United States Maritime Alliance reached a tentative agreement on a six-year contract for East and Gulf Coast port workers on Wednesday.

Both parties said the deal "establishes a framework for implementing technologies that will create more jobs while modernizing" the ports.

Dockworkers tentatively agree to a new deal, preventing a potential port strike that may have snarled supply chains, created shortages and inflation.