Strike swell hits transatlantic rates – transpac shippers hold their breath
The supply chain ripples from the US east and Gulf coast port strike have largely ...
DSV: STAR OF THE WEEKDSV: FLAWLESS EXECUTIONKNIN: ANOTHER LOWWTC: TAKING PROFITMAERSK: HAMMEREDZIM: PAINFUL END OF STRIKE STLA: PAYOUT RISKAMZN: GOING NOWHEREAMZN: SEASONAL PEAK PREPARATIONSJBHT: LVL PARTNERSHIPHD: MACRO READING AND DISCONNECTSTLA: 'FALLING LEAVES'STLA: THE STEEP DROP
DSV: STAR OF THE WEEKDSV: FLAWLESS EXECUTIONKNIN: ANOTHER LOWWTC: TAKING PROFITMAERSK: HAMMEREDZIM: PAINFUL END OF STRIKE STLA: PAYOUT RISKAMZN: GOING NOWHEREAMZN: SEASONAL PEAK PREPARATIONSJBHT: LVL PARTNERSHIPHD: MACRO READING AND DISCONNECTSTLA: 'FALLING LEAVES'STLA: THE STEEP DROP
The row between management and dockers at Sweden’s major container gateway, Gothenburg, has now descended to such a point that the entire economy of the country could be hobbled. The facility, operated by APM Terminals, last week indicated it would begin partial lockouts of labour until the end of June in response to a series of blockades by a dockworker union that wants to introduce collective bargaining. News of the lockouts has led several shipping lines to seek alternative ports of call, while major shippers in the country are faced with having to truck cargo all the way to mainland Europe. “Exporters would probably have to send their goods by truck to German ports such as Hamburg and Bremerhaven, Rotterdam in the Netherlands or Antwerp in Belgium. That would add time and drive up costs.”
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