The Associated Press reported more than 20,000 shipping containers have been lost at sea in the last decade and a half, ...
The International Longshoremen’s Association is accusing container shipping lines of ripping off customers, but rates are four times lower than the union claims.
The biggest drop came in trade from Asia to the US East Coast. Container freight rates were down 22% to $6,744 per forty-foot ...
The strike would close east coast and gulf coast ports that handle roughly half of the goods imported via container, ...
Dockworkers on the U.S. East Coast and Gulf Coast began a strike early on Tuesday, their first large-scale stoppage in nearly ...
They’re the detritus of commercial shipping containers lost in the open ocean. Most of the world’s raw materials ... each ...
The Danish shipping company said the strike will affect supply chains, delay cargo movement, increase costs and logistical ...
The strike blocks everything from food to automobile shipments across dozens of ports from Maine to Texas, a disruption ...
A lengthy strike by 45,000 dockworkers at ports from Maine to Texas could drive up prices and make some items harder to get.
As the strike keeps East Coast and Gulf Coast ports closed for a second day, the Biden administration increased pressure on port employers to reach a deal with the ILA.
We maintain a Sell rating on AMKBY due to negative cash flows, dividend instability, trade disruptions impacting EBIT, and ...
The walkout could cost the American economy roughly $5 billion a day, JP Morgan analysts estimate, as shipments are disrupted ...