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.

The union representing 45,000 dock workers on the U.S. East and Gulf Coasts and their employers on Wednesday said they reached a tentative deal on a new six-year contract, averting further strikes that could have snarled supply chains and taken a toll on the U.