South African court blocks ICTSI-Transnet Durban deal
A complaint by losing bidder APM Terminals has led a court to temporarily block the ...
WTC: RIDE THE WAVEFDX: TOP EXEC OUTPEP: TOP PERFORMER KO: STEADY YIELD AND KEY APPOINTMENTAAPL: SUPPLIER IPOCHRW: SLIGHTLY DOWNBEAT BUT UPSIDE REMAINSDHL: TOP PRIORITIESDHL: SPECULATIVE OCEAN TRADEDHL: CFO REMARKSPLD: BEATING ESTIMATESPLD: TRADING UPDATEBA: TRUMP TRADE
WTC: RIDE THE WAVEFDX: TOP EXEC OUTPEP: TOP PERFORMER KO: STEADY YIELD AND KEY APPOINTMENTAAPL: SUPPLIER IPOCHRW: SLIGHTLY DOWNBEAT BUT UPSIDE REMAINSDHL: TOP PRIORITIESDHL: SPECULATIVE OCEAN TRADEDHL: CFO REMARKSPLD: BEATING ESTIMATESPLD: TRADING UPDATEBA: TRUMP TRADE
ICTSI has issued a statement severely criticising the ILWU’s escalated industrial action at its Oregon terminal, and claimed that the union made 36 work stoppages during the 2014 holiday period. The ILWU called for a 12-hour work stoppage at the port on Wednesday, it said, and members walked off the job at lunchtime on Thursday. Productivity at the terminal is now 13.2 moves per hour. Before the dispute, which has been running since 2012, productivity was 24.8 moves per hour.
OregonLive wrote a good article on its port issues last month, here.
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