West Coast Ports Reach Key Agreement, Dockworkers Win 32% Pay Hike

Under a tentative agreement with port employers, West Coast dockworkers are set to receive a 32% pay rise through 2028 and a one-off "hero bonus" for working during the pandemic. This agreement, which awaits ratification, follows a series of labor agreements leading to significant wage increases for transport workers. In addition to pay rises, the deal includes improved benefits and provisions, a result of over a year of intense negotiations. The deal is expected to alleviate concerns of trade disruptions and stimulate the return of cargo previously diverted away from West Coast ports due to labor uncertainties.

Source: The Wall Street Journal