Pact calls for $3 an hour wage hikes; maintains royalty-payment formula.
The International Longshoreman’s Association’s (ILA) 14,500 rank-and-file members late Tuesday overwhelmingly ratified a six-year master contract covering 14 East and Gulf Coast seaports. The agreement ended more than a year of contentious negotiations that threatened to shut port operations from Maine to Texas for the first time since 1977.