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Saturday, February 21, 2015

Longshore union, port operators prepare to vote on proposed agreement

West Coast dockworkers and their employers ended their nine-month standoff Friday evening with a tentative five-year contract deal, averting a shutdown of 29 ports, including the Port of Portland's Terminal 6, that could have cost the U.S. economy $2 billion a day. "This is now in the rear-view mirror," Labor Secretary Tom Perez told reporters late Friday outside the San Francisco headquarters of the Pacific Maritime Association, which had been locked in the contract battle with the International Longshore and Warehouse Union.

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