The Pacific Maritime Association said talks with ILWU Local 26 will continue with assistance from the Federal Mediation and Conciliation Service.
There are quite distinct tiers within the top 10 container carriers, and it’s not easy — without huge investment or further consolidation — to move between them, writes Jeremy Masters.
The incentive program will run through fiscal 2039-40 and is meant to neutralize China’s inherent competitive advantages as a container production hub, industry sources say.
