Thursday, July 26, 2007

UPDATE 1-L.A. ports reach contract deal with clerks

(Reuters) - The union and the clerks' employers have been negotiating a
three-year contract to replace one that expired on June 30 at
the two ports that handle $275 billion worth of cargo a year, a
major portion of U.S. waterborne trade.




The tentative accord came five days after the 930-member
Local 63 of the Marine Clerks Association of the International
Longshore Warehouse Union submitted what it called its last,
best and final offer to shippers. Management at the ports
presented its final proposal late on Tuesday.


Read more at Reuters.com Bonds News

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