A tentative labor contract agreement is in place for the 29 ports on the West Coast. Negotiations have been underway for over a year and work stoppages impacted cargo shipments in recent weeks. The dock workers secured a 32 percent pay raise through 2028 in their new tentative labor agreement. There’s also a bonus for working through the pandemic and improvements in the benefit package. The six-year agreement that still needs to be ratified by the workers. President Biden released a statement, congratulating both parties for reaching an agreement.
