Update: Port L.A./ Long Beach Strike Ends

Striking harbor clerks at the LA-Long Beach port complex have reached a deal with management early Wednesday morning, which will end the labor strike that had lasted more than a week.

Los Angeles Mayor Antonio Villaraigosa who appeared with representatives from both labor and management, announced a deal had been reached after hours of negotiations.

"I am pleased to announce that an agreement has been reached between labor and management that will bring to an end the eight-day strike that has cost our local economy billions of dollars," Villaraigosa said. The terms of the agreement were not immediately known.

The 800 clerks represented by the International Longshore and Warehouse Union struck against the Employers Association and its shipping lines and cargo terminals. The labor strike also impacted thousands of truckers, railroad, warehouseand other workers were also temporarily out of work.

The ILWU complained that employers were trying to outsource union jobs and that its members have been working without a contract since July 2010.