Port call shuffle at Nhava Sheva, while ex-India rates keep rising
Ocean service network changes, ostensibly prompted by the upcoming Gemini Cooperation between Maersk and Hapag-Lloyd, ...
GM: TOP SALESGXO: LEGAL RISKAMZN: AI-DRIVEN VALUETSLA: UP SHE GOESUPS: LOOKING FORWARDUPS: LOWERING EPS ESTIMATESEXPD: UNDER PRESSURE CHRW: JOB CUTS REPORTEDWTC: ANOTHER DEALRXO: ANOTHER RECORD DHL: JOINING THE PARTYKNIN: RIPPLE EFFECTDSV: SPIKINGMAERSK: GOODBYE SCHENKERBA: SPIRIT DISPOSALSBA: SPIRIT AEROSYSTEMS DEALGM: GAUGING RISKGXO: NEW BOT PARTNER
GM: TOP SALESGXO: LEGAL RISKAMZN: AI-DRIVEN VALUETSLA: UP SHE GOESUPS: LOOKING FORWARDUPS: LOWERING EPS ESTIMATESEXPD: UNDER PRESSURE CHRW: JOB CUTS REPORTEDWTC: ANOTHER DEALRXO: ANOTHER RECORD DHL: JOINING THE PARTYKNIN: RIPPLE EFFECTDSV: SPIKINGMAERSK: GOODBYE SCHENKERBA: SPIRIT DISPOSALSBA: SPIRIT AEROSYSTEMS DEALGM: GAUGING RISKGXO: NEW BOT PARTNER
FREIGHTWAVES reports:
The bankruptcy estate of former retail giant Bed Bath & Beyond (BBBY) continues its relentless pursuit of shipping lines for alleged damages suffered during the supply chain crisis. It has already filed $31.7 million in claims against Hong Kong shipping line OOCL and $7.7 million in claims against Taiwan’s Yang Ming.
But those were just the appetizers.
The main course, filed Tuesday, is a mammoth claim against the world’s largest ocean carrier, Switzerland’s Mediterranean Shipping Co. (MSC). The various alleged damages add up to $158 million, plus there’s a request that all reparations be doubled due to “MSC’s willful retaliatory conduct.”
The full post is here.
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