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U.S. Labor Secretary Perez announced Friday night the International Longshore and Warehouse Union and Pacific Maritime Association reached an agreement on a new five-year contract.
Move comes as ILWU, PMA talks enter 10th month.
Draymen say they could be forced out of business by huge demurrage and detention bills.
On-time performance is being hampered by congestion at West Coast ports.
DHS funding crisis means the agency will have to focus resources on border security, cargo clearance
The revised agreement would allow collaboration on congestion, transportation infrastructure needs and pollution mitigation.