Five key questions facing ocean container shippers under a Trump presidency
Earlier this month, Donald Trump won a second term in the White House. During his ...
UPS: MULTI-MILLION PENALTY FOR UNFAIR EARNINGS DISCLOSUREWTC: PUNISHEDVW: UNDER PRESSUREKNIN: APAC LEADERSHIP WATCHZIM: TAKING PROFITPEP: MINOR HOLDINGS CONSOLIDATIONDHL: GREEN DEALBA: WIND OF CHANGEMAERSK: BULLISH CALLXPO: HEDGE FUNDS ENGINEF: CHOPPING BOARDWTC: NEW RECORDZIM: BALANCE SHEET IN CHECKZIM: SURGING
UPS: MULTI-MILLION PENALTY FOR UNFAIR EARNINGS DISCLOSUREWTC: PUNISHEDVW: UNDER PRESSUREKNIN: APAC LEADERSHIP WATCHZIM: TAKING PROFITPEP: MINOR HOLDINGS CONSOLIDATIONDHL: GREEN DEALBA: WIND OF CHANGEMAERSK: BULLISH CALLXPO: HEDGE FUNDS ENGINEF: CHOPPING BOARDWTC: NEW RECORDZIM: BALANCE SHEET IN CHECKZIM: SURGING
Tariffs, and the uncertainty surrounding them, are causing havoc at US ports. The Los Angeles Times reports that shippers are facing huge traffic jams and containers are piled up on the dockside, incurring thousands of dollars in port fees, while distribution centres are overflowing. But still, shippers are bringing in more inventory, worried about the threat of new tariffs. Los Angeles and Long Beach have been badly affected and are “gummed up”, according to the ports, creating a “nightmare” for customers. Well worth a read.
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