ILA Wage Scale Committee Votes to Approve USMX Contract
The International Longshoreman's Association (ILA) Wage Scale Committee voted to recommend approval of a six-year agreement with the U.S. Maritime Alliance (USMX), according to a press release. The contract will now go to ILA's and USMX's members for ratification.
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The contract includes a $1-an-hour wage increase in 2014, 2016 and again in 2017, the final year of the contract, said the press release. Starting pay for new employees would stay at $20 an hour but they would reach the top wage scale in six years instead of the current nine. The contract ensures that for the next six years the carriers will fund the annual royalty payments at $211 million, the amount paid in 2011, plus up to an additional $14 million for administrative expenses, and share equally with the ILA any container royalties that exceed $225 million, the release said.