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Labor Secretary Thomas Perez met both parties accompanied by a mediator from the Federal Mediation and Conciliation Service who has been assisting in the talks since early January.
Draymen say they could be forced out of business by huge demurrage and detention bills.
PMA says it offered the ILWU a 5-year contract with 3% annual wage increases, and negotiations will continue, but a lockout could occur in 5-10 days.
Congress passed a 7-day extension to keep the department running while negotiations over immigration dispute continue.
Texas’s exports reached $289 billion and California topped $174.1 billion in export value for 2014.
Economy grew at 2.2% pace, government says.