The Traderszone Network

Published in TZ Latest News 20 February, 2015 by The TZ Newswire Staff

Contract negotiators for U.S. West Coast ports reach tentative deal

A group of shipping companies and a powerful dockworkers union clinched a tentative labor deal on Friday after nine months of negotiations, settling a dispute that disrupted the flow of cargo through 29 U.S. West Coast ports and snarled trans-Pacific maritime trade with Asia. The settlement, confirmed in a joint statement by the two sides, was reached three days after U.S. Labor Secretary Thomas Perez arrived in San Francisco on Tuesday to broker a deal with the help of a federal mediator who had joined in the talks six weeks earlier.

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