Tim Rue/Bloomberg News
West Coast port labor talks have taken a step toward resolution with a tentative agreement on health care benefits that the parties called “an important part” of an overall contract.
The announcement by the International Longshore and Warehouse Union and the Pacific Maritime Association, negotiating for ocean carriers and terminal operators, did not discuss details since negotiations are continuing. Union workers who handle just over half of international ocean cargo have stayed on the job since their contract expired June 30.
The union, which represents nearly 20,000 workers, offers coverage to members that could subject them to additional taxes in coming years for so-called “Cadillac” health plans under the terms of the Affordable Care Act.