Tuesday, October 28, 2014
Top Story
L.A. port head: West Coast port labor negotiations nearing tentative deal
Contract negotiations between shippers and 20,000 dockworkers at West Coast ports are progressing toward a tentative agreement in November, according to the head of the Port of Los Angeles, the busiest port in the nation.
Gene Seroka, executive director of the Port of Los Angeles, said he talks daily to the negotiators from both sides that are in talks to form a new contract for 23 West Coast ports, which together handle about half of all U.S. maritime trade.
"Both sides have a mutual respect, which I think is very important," Seroka said last week at a business luncheon in Los Angeles. He said a tentative deal between the International Longshore and Warehouse Union and the Pacific Maritime Association, representing management, may be reached within weeks.
ILWU spokesman Craig Merrilees declined comment. Wade Gates, a spokesman for PMA, said only that negotiators are ongoing, without a timeline for a settlement.
For more of the Bloomberg story: www.bloomberg.com
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