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Martin Murray

Port Strike On Sunday

By December 28, 2012

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 The International Longshoremen's Association (ILA) is threatening a strike this Sunday that could affect some 14,500 workers at ports all along the East Coast. The dispute is about pay and the ILA has been in negotiations with the US Maritime Alliance (USMX) who represent the shippers and the port operators. The main sticking point between the two parties has been on how to divide up the container royalties, which supplements the members' income and keeps his benefits package financially strong. The USMX wants to limit the amount of money that is paid ILA members and goes into various Container Royalty Funds by placing a cap on the money collected in any given contract year. Container Royalty is collected by the amount of tons of containerized cargo ILA members handle.

If no resolution is found to the dispute, then the strike could cost the ports about a $1 billion a day. The strike would not affect all cargo handled by the ILA, workers will still handle U.S. mail, military cargo, perishable goods such as fruits and vegetables, as well as "break bulk" goods such as cars, wood products, and steel.

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Comments

January 1, 2013 at 2:07 pm
(1) Terry Hall says:

I read somewhere that they extended talks for another 30 days!

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