The following is a summary of how the New York/New Jersey waterfront

fared during the contract year, which ended on September 30, 2010.

Cargo Volume: The port attracted 3.0 million containers in 2010, a 9.5% increase from previous fiscal year's total of 2.7 million containers.

Benefit Cost: The total cost of fringe benefits for the ILA members-which includes pension, healthcare, vacation and holiday, decreased by $1.3 million, due primarily to a decrease in pension contribution requirements offset by an increase in welfare benefit expenses, including MILA.

Work Force: There were 3,321 active NYSA registered longshore, checker and maintenance workers employed in the Port during the contract year 2010. We experienced a workforce shortage to handle car and passenger ship operations.

Hours Worked: The total hours worked in the port were 9.8 million, increasing by approximately 8.5% from previous year, while wages increased by $43.5 million.