MW: Container shipping companies have been on a tear. That won't halt soon, say analysts
MARKETWATCH wrote on Monday 13 May: Shares of container shipping companies were climbing on Monday, keeping ...
MARKETWATCH reports:
In a big surprise, the government said the economy added 2.5 million jobs in May and the unemployment rate fell. Economists polled by MarketWatch had predicted the loss of 7.25 million jobs. The unemployment rate slipped to 13.3% from 14.7%, though the Bureau of Labor Statistics said the rate would have been 3 points higher if households answered their forms correctly.
The loss of jobs in April was revised up to 20.7 million from 20.5 million.
You may also want to read this: ‘Biggest payroll surprise in history’ – stocks and yields rise after jobs number.
And this: US labor market unexpectedly improves in May.
Canadian government invokes 'red tape rule' to prevent rail strike
Carriers juggling capacity and port congestion 'taking us back to the dark days'
'Liner panic' as new container production hits a post-Covid peak
Vessel juggling leaves ocean alliances short of Asia-Europe capacity
E-retailer demand surge to drive extended boom in trans-Pacific air freight market
More checks and delays at Nhava Sheva after latest seizure of goods from China
California staff launch class action against Ceva over 'breaches of Labor Code'
East-west freight rates continue rise; even transatlantic edges up
Comment on this article