January strike at US east and Gulf coast ports now inevitable, say forwarders
Hopes of a resolution to the ongoing stand-off between dockers and employers at ports on ...
XOM: GO GREEN NOWKNIN: BOUNCING OFF NEW LOWS HON: BREAK-UP PRESSURECHRW: UPGRADESZIM: LAGGARDFWRD: LEADINGMAERSK: OPPORTUNISTIC UPGRADETSLA: GETTING OUTDSV: DOWN BELOW KEY LEVELLINE: DOWN TO ALL-TIME LOWS AMZN: DEI HURDLESAAPL: DEI RECOMMENDATIONAAPL: INNOVATIONF: MAKING MONEY IN CHINAMAERSK: THE DAY AFTER
XOM: GO GREEN NOWKNIN: BOUNCING OFF NEW LOWS HON: BREAK-UP PRESSURECHRW: UPGRADESZIM: LAGGARDFWRD: LEADINGMAERSK: OPPORTUNISTIC UPGRADETSLA: GETTING OUTDSV: DOWN BELOW KEY LEVELLINE: DOWN TO ALL-TIME LOWS AMZN: DEI HURDLESAAPL: DEI RECOMMENDATIONAAPL: INNOVATIONF: MAKING MONEY IN CHINAMAERSK: THE DAY AFTER
It was inevitable, but sad, nonetheless. By the end of December, the troubled shipping company will have laid off up to 400 “white-collar” staff. Hanjin said it only needed about 300 of its 670 staff to process sales of the assets – and in the event that a company comes to buy parts of Hanjin, it is hoping that those 300 jobs will be transferred to the new owners. Voluntary retirement is not on the cards for the others, but a union, which was formed this month to protect workers, is asking Hanjin to provide practical solutions for the laid-off staff, and is urging local industry to help “one of the best workforces in the industry”.
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