Pacific Maritime Association

Highlights CEO's Letter 3 Membership 4 Board of Directors 5 Steering Committees 6 Introduction 8 The Year in Review 19 Contract Update 21 Regional Developments 24 News Feature: Q&A With Maritime Economist John Martin 28 Industry Overview 31 Economic Significance of West Coast Ports 31 Labor Agreements 32 Labor Dispatch 32 Working Times and Wage Rates 32 History of Wage Rates 33 The ILWU 34 Coast Accident Prevention Awards 35 Industry Benefits 36 Benefits Costs 37 ILWU-PMA Pension Plan 38 ILWU-PMA Welfare Plan 39 Vacation Plan 42 Holiday Plan 44 Pay Guarantee Plan 45 ILWU-PMA Savings 401(k) Plan 45 Industry Travel System 46 Marine Clerk Work Opportunity 46 CFS Program Fund 46 Dispatch Halls 47 Assessments 49 Funding of Benefits 49 Assessment Rate History 51 Revenue Tonnage Reporting 52 Cargo Movement 52 Reporting Categories 52 West Coast Tonnage Statistics 53 Coastwise Tonnage 53 Statistical Information 55 Revenue Tonnage Loaded & Discharged by Port 56 Container Box Counts 58 West Coast Waterborne Revenue Tonnage 59 Coast Revenue Tonnage Market Share 60 Average Annual Earnings 61 Hours and Wage Breakdown 62 Hours by Job Categories 63 Registered Work Force by Local 64 Vacations Paid & Longshore PGP by Local 65 PGP Payments By Area 65 Total Shoreside Payrolls Processed by PMA 66 Assessment Rates 66 Financial Information on Benefits Plans: ILWU-PMA 401(k) Plan 66 Pension Benefits 67 Welfare Benefits 68 Accident Prevention Data 69 Training Graduates 70 Coast Hours and Tonnage: Data Calculation of Total Tonnage and "Weighted Tonnage" 71 Explanation of Data 72 Hours, Wages, Tonnage Data by Port 73 PMA Staff 77 Credits 80 1 P A C I F I C M A R I T I M E A S S O C I A T I O N Contents 2015 Annual Report Pacific Maritime Association 1 P A C I F I C M A R I T I M E A S S O C I A T I O N $0 $200 $400 $600 $800 $1,000 $1,200 $1,400 $0 $20 $40 $60 $80 $100 '94/'95 '99/'00 '04/'05 '09/'10 '14/'15 '94/'95 '99/'00 '04/'05 '09/'10 '14/'15 4 8 12 Registered Work Force (thousands) 16 14,224 2015: 4 8 12 16 20 24 0 0 2015: $1.71 billion $1,600 $1,200 $800 $400 $0 Total Wages Paid (millions of dollars) 0 100 200 300 400 Total Revenue Tonnage (millions of tons) 2015: 337,074,993 0 4 8 12 16 (excludes non-revenue cargo) (millions) Container TEUs - Loaded 2015: 15,323,850 2015: Container TEUs - Total (millions) 21,170,919 Benefits Costs - Total (millions of dollars) 2014/15: $1.39 billion Benefits Costs - Per Registrant (thousands of dollars) 2014/15: $103,053 Average Annual Earnings (thousands of dollars) 2015: Foremen: $243,319 Clerk: $171,682 Longshore: $150,551 $50 $100 $150 $200 $250 (fully registered workers paid 2,000 hours or more) '95 '00 '05 '10 '15 '95 '00 '05 '10 '15 '95 '00 '05 '10 '15 '95 '00 '05 '10 '15 '95 '00 '05 '10 '15 '95 '00 '05 '10 '15

• Cover