{"id":18271,"date":"2023-09-01T15:26:59","date_gmt":"2023-09-01T14:26:59","guid":{"rendered":"https:\/\/www.noatumlogistics.com\/us\/?p=18271"},"modified":"2023-10-12T15:28:24","modified_gmt":"2023-10-12T14:28:24","slug":"ilwu-pma-ratify-new-six-year-coastwide-contract","status":"publish","type":"post","link":"https:\/\/www.noatumlogistics.com\/us\/ilwu-pma-ratify-new-six-year-coastwide-contract\/","title":{"rendered":"ILWU & PMA Ratify New Six-Year Coastwide Contract"},"content":{"rendered":"

Noatum Logistics is pleased to announce a pivotal development in the maritime industry’s labor landscape. The International Longshore and Warehouse Union (ILWU) has reported an overwhelming ratification of the new six-year coastwide contract with the Pacific Maritime Association (PMA). After a challenging 13-month negotiation period, ILWU President Willie Adams expressed gratitude for the support that enabled this successful outcome. A resounding 75% majority of ILWU members have approved the new contract, signaling a significant milestone in labor negotiations. Here are the key takeaways.<\/p>\n

Key Highlights<\/u>:<\/strong><\/p>\n

Contract Details:<\/strong>\u00a0The new contract will be effective until July 1, 2028, replacing the previous agreement that expired on July 1, 2022.<\/p>\n

Reclaiming Discretionary Cargo:<\/strong>\u00a0Ratification is expected to result in the return of discretionary cargo to West Coast ports, as shippers had diverted cargo to the East and Gulf coasts during labor disruptions.<\/p>\n

Salary Increases and Bonuses:<\/strong>\u00a0The contract entails a substantial 32% salary increase over six years, retroactively applied from July 1, 2022. Additionally, ILWU members will receive a $70 million one-time bonus as a recognition of their dedication during the COVID-19 pandemic.<\/p>\n

Certification and the Future:<\/strong>\u00a0The ILWU’s coast balloting committee has officially certified the voting results, ensuring the contract’s legitimacy. Industry stakeholders anticipate improved stability and prosperity as this agreement takes effect.<\/p>\n

Stay tuned for more updates on significant developments in the maritime industry and labor relations.<\/p>\n

 <\/p>\n

If you have any questions, please\u00a0contact your local Noatum Logistics representative<\/a>.<\/p>\n","protected":false},"excerpt":{"rendered":"

Noatum Logistics is pleased to announce a pivotal development in the maritime industry’s labor landscape. 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