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What will be the outcome of the ILA wage increase negotiations by December 31, 2024?
3
Resolution / Starting Odds
80% or more • 25%
60-79% • 25%
40-59% • 25%
Less than 40% • 25%
Official announcements from the International Longshoremen’s Association (ILA) or maritime employers
Story
ILA Seeks 80% Wage Increase in US East Coast Ports Contract Negotiations
Aug 7, 2024, 03:45 PM
The International Longshoremen’s Association (ILA) is negotiating a new six-year contract with maritime employers on the East and Gulf coasts, seeking an almost 80% wage increase. According to sources familiar with the negotiations, the ILA is proposing a $5-per-hour wage increase each year, which would result in a 76% increase in the top straight-time wage for longshore workers over the contract's term. The potential for a massive strike at US East Coast ports this fall is high if the demands are not met, which could lead to increased freight rates and congestion.
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Accepted • 25%
Rejected • 25%
Counter-offer accepted • 25%
Strike continues • 25%
Yes • 50%
No • 50%
New contract signed • 25%
Strike resumes • 25%
Contract extended without agreement • 25%
Other outcomes • 25%
Less than 50% • 25%
50% to 60% • 25%
61% to 70% • 25%
More than 70% • 25%
Yes • 50%
No • 50%
Wage deal ratified • 25%
Wage deal rejected • 25%
New deal proposed • 25%
Strike resumes • 25%
Ratified with majority support • 33%
Rejected by majority • 33%
Vote postponed • 34%
Less than 60% • 25%
60% to 61.5% • 25%
61.6% to 63% • 25%
More than 63% • 25%
Increased wages • 25%
Improved working conditions • 25%
Enhanced job security • 25%
Other • 25%