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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.
Airlines and trucking companies at Stifel Transportation and Logistics Conference said the value of a service can't be undercut by the short-term impact of low fuel prices.
Move comes as ILWU, PMA talks enter 10th month.
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.