The International Longshoremen's Association (ILA) and United States Maritime Alliance (USMX) have announced a tentative agreement on a new six-year Master Contract, preventing a potential work stoppage at East and Gulf Coast ports scheduled for January 15, 2025. The deal, subject to ratification by both parties, aims to protect current ILA jobs while implementing technologies to create more positions and modernize port operations.
Key points of the agreement include:
- A framework for implementing new technologies to enhance port safety and efficiency
- Creation of additional jobs while protecting existing positions
- Measures to strengthen supply chains and maintain America's position in the global marketplace
Mike Seyfert, President and CEO of the National Grain and Feed Association (NGFA), praised the compromise, stating, "Both sides should be commended for sitting down and working out a compromise that benefits the dockworkers and their employers alike." He emphasized the importance of a fully functioning transportation system for the grain and feed industry, noting that disruptions can increase costs and jeopardize customer relationships.
The tentative agreement will remain in effect under the current contract terms until the ILA's Wage Scale Committee can meet and schedule a ratification vote, and USMX members can approve the final contract. Details of the new agreement will not be released until both sides have had the opportunity to review and approve the document.
This development comes as a relief to many in the agricultural sector, with Seyfert adding, "Given current economic conditions, we simply cannot afford disruptions." The NGFA's statement underscores the critical role of port operations in maintaining the competitiveness of U.S. agriculture in global markets.
