US east coast port strike would be a 'spot rate lifeline' for ocean carriers
With each week that passes, the risk of a US east and Gulf coast dock ...
DSV: 'AHEAD IN BIDDING FOR SCHENKER'DSV: UNLUCKY FRIDAYSMAERSK: WEAK AGAINWMT: NEW PARTNERSHIPXPO: HAMMEREDKNIN: LEGAL FIGHTF: UPDATEMAERSK: CROSS-BORDER BOOST MAERSK: NIGERIA TERMINAL EXPANSION FDX: 'NON-EVENT' CORPORATE STRUCTURE UPDATE XPO: WINNERS AND LOSERS ODFL: 'SOFTNESS'
DSV: 'AHEAD IN BIDDING FOR SCHENKER'DSV: UNLUCKY FRIDAYSMAERSK: WEAK AGAINWMT: NEW PARTNERSHIPXPO: HAMMEREDKNIN: LEGAL FIGHTF: UPDATEMAERSK: CROSS-BORDER BOOST MAERSK: NIGERIA TERMINAL EXPANSION FDX: 'NON-EVENT' CORPORATE STRUCTURE UPDATE XPO: WINNERS AND LOSERS ODFL: 'SOFTNESS'
The US’s new hours of services – similar to the European Working Time Directive – will come into force at the beginning of July. There’s some pretty complicated stuff regarding rest periods and night shifts, but US shipper organisations have lobbied legislators that the new regulations will likely increase both costs and road congestion. More worrying, perhaps, is the ticking time bomb that is the number of drivers. There’s currently an estimated shortfall of 20-25,000 across the country, at a time when freight traffic is relatively low. Should it increase, that shortage will really make itself felt.
Comment on this article