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Market Matters
Mary Kennedy DTN Basis Analyst
Mon Feb 9, 2015 12:44 PM CST

OMAHA (DTN) -- In an effort to end the nine-month-long contract dispute with the International Longshore and Warehouse Union (ILWU), the Pacific Maritime Association (PMA) announced Feb. 4 that they had made an "all-in" contract offer that would significantly increase compensation to the members of the ILWU.

"Our members have shown tremendous restraint in the face of ILWU slowdowns that have cut productivity by as much as 30, 40, even 50%," PMA President Jim McKenna stated in a press release. "This offer puts us all-in as we seek to wrap up these contract talks and return our ports to normal ...

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