MSC ship first in line for delays with Montreal dockers set for Sunday strike
Strike action is set to resume at Canada’s largest container gateway, Montreal, after the Maritime ...
AAPL: SHIFTING PRODUCTIONUPS: GIVING UP KNIN: INDIA FOCUSXOM: ANOTHER WARNING VW: GROWING STRESSBA: OVERSUBSCRIBED AND UPSIZEDF: PRESSED ON INVENTORY TRENDSF: INVENTORY ON THE RADARF: CEO ON RECORD BA: CAPITAL RAISING EXERCISEXPO: SAIA BOOSTDSV: UPGRADEBA: ANOTHER JUMBO FUNDRAISINGXPO: SAIA READ-ACROSSHLAG: BOUYANT BUSINESS
AAPL: SHIFTING PRODUCTIONUPS: GIVING UP KNIN: INDIA FOCUSXOM: ANOTHER WARNING VW: GROWING STRESSBA: OVERSUBSCRIBED AND UPSIZEDF: PRESSED ON INVENTORY TRENDSF: INVENTORY ON THE RADARF: CEO ON RECORD BA: CAPITAL RAISING EXERCISEXPO: SAIA BOOSTDSV: UPGRADEBA: ANOTHER JUMBO FUNDRAISINGXPO: SAIA READ-ACROSSHLAG: BOUYANT BUSINESS
Tomorrow, the fate of Canada’s west coast ports will be decided, as the ILWU Canada takes a vote on the proposed ‘tentative deal’.
The vote will mean work will stop between 8am and 4pm Pacific Time on Tuesday across all relevant ports.
The package, which is being recommended by the ILWU caucus, will see a compounded 19.2% wage increase over four years, taking the median salary to $162,000 – not including benefits or pensions, which will see an 18.5% increase, according to CNBC. Each strike day will take three to five days to recover from.
Meanwhile, eeSea reports today: “This weekend once again showcased some definitive moves from carriers reacting pessimistically to the events on the west coast. Our team has noted three new diversions and one new port swap, bringing the total to seventeen port swaps and thirteen diversions.
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