Threat of more strikes at German ports as workers reject 'inadequate' offer
German trade union ver.di has rejected the Central Association of German Seaport Operators’ (ZDS) collective ...
AMZN: APPEAL UPDATEDSV: PRESSURE BUILDS AAPL: OPENAI FUNDING INTERESTCHRW: ANOTHER INSIDER CASHES INHLAG: GRI DISCLOSUREMAERSK: HOVERING AROUND FOUR-MONTH LOWSTSLA: CHINA COMPETITIONDHL: BOLT-ON DEAL TALKAMZN: NEW ZEALAND PROJECTDHL: SURCHARGE RISKKNIN: LEGAL RISKF: 'DEI' HURDLESPLD: RATING UPDATEXOM: DISPOSALS
AMZN: APPEAL UPDATEDSV: PRESSURE BUILDS AAPL: OPENAI FUNDING INTERESTCHRW: ANOTHER INSIDER CASHES INHLAG: GRI DISCLOSUREMAERSK: HOVERING AROUND FOUR-MONTH LOWSTSLA: CHINA COMPETITIONDHL: BOLT-ON DEAL TALKAMZN: NEW ZEALAND PROJECTDHL: SURCHARGE RISKKNIN: LEGAL RISKF: 'DEI' HURDLESPLD: RATING UPDATEXOM: DISPOSALS
In the first six months of the year the port of Hamburg’s container traffic soared by 6.3%, compared with the same period last year, to 4.8m teu, with imports up by 7.4% to 2.5m teu and exports ahead by 6.3% at 2.3m teu. Like Rotterdam the port has struggled with the unexpected surge in imports from Asia combined with larger ships that are arriving outside their berthing windows – on average 70 hours off schedule. However, the opening of the fourth tube of the Elbe Tunnel and good progress on other infrastructure work in the city port has begun to ease the congestion. Now all that is needed is for ocean carriers to improve their schedule integrity.
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