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Wednesday
Dec052012

Port Strike in California Ends After Eight Days

Laura Lezza/Getty Images (file photo)(LOS ANGELES) -- The stalemate between union workers and shipping companies that crippled two ports in California for more than a week is over.

Los Angeles Mayor Antonio Villaraigosa announced late Tuesday night that an agreement was reached after accompanying federal mediators to the talks.

"I think its appropriate to say mission accomplished," Villaraigosa said.

The eight-day strike shut down 10 of the 14 terminals in the ports of Los Angeles and Long Beach, through which nearly half of the nation's cargo moves.  The walkout left billions of dollars worth of goods sitting in the water, unable to be delivered to stores and other businesses across the U.S.

The National Retail Federation had called on President Obama to intervene in the strike, saying most of its members have been affected.

Copyright 2012 ABC News Radio