Vanessa Yurkevich and Chris Isidore at CNN report Striking Members of the International Longshoremen’s Association (ILA) are back at work today (Friday, October 4th) after the Union reached a tentative deal with the management group representing shipping lines, terminal operators and port authorities.  The agreement amounts to a $4-per-hour raise for each year of the six-year contract, a source with knowledge of the negotiations told CNN.  That amounts to a first year raise of just over 10% of the current contract’s top pay of $39 an hour.  With the five subsequent pay hikes it would raise wages by 62% over the life of the contract.  The ILA agreed to extend the contract it had with the United States Maritime Alliance (USMX), which had expired at the end of Monday (October 3rd).  It will be now extended until January 15th and have the Union Members back on the job while the final details are worked out in a full agreement that will need to be ratified by the Rank-and-File.

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