Pacific Maritime Association

2024 PMA Annual Report

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PACIFIC MARITIME ASSOCIATION 13 In 2024, West Coast ports shook off the lingering effects from COVID-19 era trade shocks to the overall supply chain, handling significant volume increases and clawing back some market share from Atlantic Coast and Gulf Coast ports. HIGHLIGHTS OF THE YEAR The Coast Ship-to-shore cranes at Long Beach Container Terminal work on the OOCL Brussels. But after two decades of declining market share of discretionary cargo, it's too early to declare victory. In part, the West Coast benefited from transitory factors. Labor tensions at rival ports to the east, which have been resolved through a new contract, and tariff uncertainty contributed to an early and sustained peak import season. Yet the overall performance of ports from Bellingham to San Diego in 2024 also reflected strategic investments by PMA, our member companies, and our partners in both technology and human capital that strengthen our competitiveness in a fluid, challenging market. West Coast ports were on the move in 2024, taking care of robust daily business while laying the foundation for sustained growth and a stronger, more resilient supply chain. PMA completed its leadership transition when President and CEO Stephen Hennessey tapped Chad Lindsay to succeed him as Senior Vice President of Labor Relations and Chief Operating Officer. In his new role, Lindsay oversees labor relations, strategic plan implementation, contract administration and arbitration, training and safety programs, and jointly operated dispatch halls. Since 2005, he had served as PMA's Vice President of Labor Relations in Southern California. 2 0 2 4 | A Y E A R I N R E V I E W

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