The International Longshore and Warehouse Union (ILWU) announced that a six-year contract between the ILWU and the Pacific Maritime Association (PMA) had been ratified.
According to a statement, the ratification of the contract will have a profoundly positive influence on the US economy, which is heavily reliant on the ports of Los Angeles and Long Beach.
“The Port of Long Beach congratulates the International Longshore and Warehouse Union membership on ratifying the new labor agreement with the Pacific Maritime Association,” stated Mario Cordero, CEO of Port of Long Beach.
Cordero further added, “We applaud the ILWU members for approving the new labor agreement with the PMA that will benefit 22,000 workers across 29 ports. This contract ensures the stability and success of our ports, which are a driving economic engine for our city, state and national economy.”
Commenting on the ratification of the Longshore worker contract, Gene Seroka, executive director of Port of Los Angeles stated: “Thank you to the 22,000 International Longshore and Warehouse Union members who overwhelmingly ratified a six-year contract. With the leadership of ILWU president Willie Adams and PMA president & CEO Jim McKenna, the collective bargaining system worked. This contract brings long-term stability and confidence to our customers as we re-double our efforts to bring more cargo back to the Port of Los Angeles, the premier gateway to and from the Pacific Rim.
Sources: Container News