A last-minute deal today temporarily averted a US dockworkers' strike planned for Sunday.
A federal mediator announced that bosses had agreed to a 30-day extension of an expired contract while negotiations continue with the International Association of Longshoremen.
The 14,500 dock workers at 15 major US ports were due to strike when the contract ran out at one minute past midnight on Sunday.
The stoppage, largely over royalty payments for each container unloaded, could have cost the US economy billions of dollars.
Negotiations will now continue until at least midnight on January 28.
The ports involved in the dispute handle more than 100 million tons of goods a year - about 40 per cent of all US container cargo.
A government guided by common sense would respond to news that publicly owned Royal Mail has increased profits to £403 million by scrapping plans to flog off the service.