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Container Royalties: Big Expense for Carriers

Longshore labor
Joseph Bonney, Senior Editor | Nov 30, 2012, 11:32 AM EST

International Longshoremen’s Association President Harold Daggett says the annual checks ILA members receive from carrier-paid container royalties are “wage supplements,” not bonuses.

No matter what they’re called, royalties represent a large part of ILA members’ compensation and a big expense for carriers.

Royalties were established in 1960 to cushion ILA members from the loss of jobs to containerization. Carriers paid $211 million into the funds last year. Most of the money was used to provide ILA members with year-end checks that averaged $15,500 last year.

ILA members’ royalty checks vary by port. They are calculated on a formula reflecting each port’s growth in...

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