Port strike will see 60 more ships at anchor this week and rates rising
As the port strike on the US east and Gulf coasts enters its third day, ...
GXO: SURGINGR: EASY DOES ITDSV: MOMENTUMGXO: TAKEOVER TALKXOM: DOWNGRADEAMZN: UNHARMEDEXPD: WEAKENEDPG: STEADY YIELDGM: INVESTOR DAY UPDATEBA: IT'S BADXOM: MOMENTUMFWRD: EVENT-DRIVEN UPSIDEPEP: TRADING UPDATE OUT
GXO: SURGINGR: EASY DOES ITDSV: MOMENTUMGXO: TAKEOVER TALKXOM: DOWNGRADEAMZN: UNHARMEDEXPD: WEAKENEDPG: STEADY YIELDGM: INVESTOR DAY UPDATEBA: IT'S BADXOM: MOMENTUMFWRD: EVENT-DRIVEN UPSIDEPEP: TRADING UPDATE OUT
Since mid-April, Delta Terminal has been facing severe congestion, and in a knock-on effect other terminals in Rotterdam are affected. Current delays are of up to 48 hours. The congestion is being caused by late arrivals of deepsea vessels, system outages and shortages of labour. News is that this situation will last for at least another 1-2 months.
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