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Agreement Nears in West Coast Dockworker Contract Talks

West Coast shipping companies and dockworkers are closing in on a contract agreement after eight months of negotiations, potentially avoiding a strike costing as much as $2 billion a day.

The Pacific Maritime Association, the bargaining agent for shippers and terminal operators, and the 20,000-member International Longshore and Warehouse Union reached tentative agreement on maintaining truck chassis at the 29 West Coast ports, port authorities said Tuesday in an e-mailed statement. Cargo has piled up at the ports in part because there aren’t enough functioning truck chassis to drive off containers after they’re unloaded.