Carriers box clever on capacity and have 'the upper hand' as contract talks loom
Recent experience and ongoing chaos in the Red Sea have led to carriers’ customers asking, ...
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
With no end to negotiations between employers and dockworkers on the US west coast in sight, and the regions ports currently experiencing some of the worst congestion issues in living memory, clothing and footwear importers in the US are continuing to place bookings for ex-Asia container shipments despite the advent of the slack season. With Christmas still a week and a half away, importers’ attention has turned to receiving enough goods before China New year begins on 19 February. “It is so congested down there right now that if you didn’t bring in another piece of cargo, it would take the ports a month to dig themselves out of the hole,” said one local forwarder.
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