Strike paralysing Finnish ports extended after talks collapse
The two-week strike by Finnish transport workers that has effectively shut down the country’s ports ...
The Teamsters union, which last week accepted a new five-year agreement covering 13,000 UPS Freight workers, increasing wages and strengthening pension benefits, has rejected to extend its contract with troubled YRC Worldwide. YRC has debts in the region of $1bn and this year has three significant debt payments to make. Filing for bankruptcy remains an option following the decision of 61% of YRC Teamsters to reject the extension until 2019 of a 15% wage reduction and 75% reduction in pension contributions.
Increasing scrutiny could stall rise of ecommerce platforms, as TikTok faces US ban
FAK rate hikes holding, with strong demand into peak season predicted
DSV could face $16m bill after helicopter is written off in haulage accident
Déjà vu as major ocean carriers scramble for tonnage and containers
Rising costs of port congestion force surcharge by Asian feeder operators
Trade growth getting stronger, but ocean freight rates stay flattish
Global airfreight volumes blooming as flower shipments take off
Comment on this article