Longshoremen’s contract extension staves off strike

Not much news yet, but: Longshoremen’s contract on East and Gulf coasts extended for 30 days | savannahnow.com

I wrote about this last week: Will Savannah and other ports see strike before end of 2012?

The Wonkblog at The Washington Post considered the possible economic implications of a strike in an interesting post yesterday: Could a port strike really cripple the U.S. economy?