Shippers scrambling for alternatives as box lines divert from closed ports
Video footage of the 4,300 teu MSC Arushi R (pictured) departing Houston yesterday, sparsely loaded with ...
The table is all set for earnings season*, with the two most-followed forwarders boasting major sea (and air) exposure reporting tomorrow after several land-based T&L players from the US disappointed on fundamentals last week.
(*Here’s a preview from 5 July: “US & Europe ’Top 8’ – for whom the earnings bell tolls the hardest”.)
But it is the asset-heavy ocean carriers that spur the imagination, with several pundits suggesting their interims won’t be as bad as feared by the bears. There’s truth in that, ...
Atlantic and Gulf coast US ports close as ILA rejects last-minute offer
Box lines declare force majeure as White House defends ILA
Talks rumoured to be underway after USMX urged ILA back to the table
ILA blames 'profiteering' foreign-shipping lines for US port strike
Strike disruption begins: 'a frenzy' to come with extra demand for airfreight
Shippers scrambling for alternatives as box lines divert from closed ports
Airlines scramble to avoid Middle East airspace as missiles fly
Port strike will see 60 more ships at anchor this week and rates rising
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