February 23, 2015 Pacific Maritime Association (PMA) and International Longshore and Warehouse Union (ILWU) Reach Tentative Agreement – Most Ports in Full Operation 2/22/2015 On Friday, February 20th, the PMA and the ILWU announced a tentative agreement to a 5-year contract covering West Coast dockworkers. This is likely the end of the contentious labor dispute that has contributed to significant congestion and backlogs at these ports. Details of the deal have not been made public, and it still must be ratified by both parties. In a joint statement in a press release, PMA President James McKenna and ILWU President Bob McEllrath said, “After more than nine months of negotiations, we are pleased to have reached an agreement that is good for workers and for the industry. We are also pleased that our ports can now resume full operations.” The AP reported on February 22nd that all West Coast ports except for Oakland were, in fact, back at full operation. Once ports are fully operational, Odyssey anticipates that it may take between 5 and 7 weeks for the backlog of containers and vessels to be cleared out. For more news on this topic click here.