East coast ports gain share while west coast ports lose share as unions agree to master contract

August 17, 2018 – JOC.com is reporting that, “Since 2010, the West Coast’s market share of loaded cargo has dropped from 50.45 percent, to 44.9 percent in 2017, according to PIERS, a sister product of JOC.com. The East Coast share of all loaded containers rose from 41.7 to 46 percent between 2010 and 2017, the PIERS figures show. The Gulf Coast share of all loaded container increased from 6.9 percent to 8.5 percent from 2010 to 2017.

Containers

A tentative, six-year master contract between the International Longshoremen’s Association (ILA) and United States Maritime Alliance (USMX) would prohibit fully automated terminal operations for six years at East and Gulf ports covered by the contract, according to a summary of the deal posted on the union’s website – https://ilaunion.org/2018/07/ reached by the ILA and USMX on June 6, The contract gives terminals greater flexibility in managing union workers — allowing a reduced mandatory work period — in situations in which a vessel fails to arrive on schedule.”

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