Now Antwerp-Bruges reports reduced Q1 container throughput
North Europe’s largest container hub ports are losing market share, the first-quarter throughput figures released ...
VW: D-DAYPLD: KEEP PUSHINGDHL: NEW AIR SERVICEDHL: GUIDANCE UPGRADE REACTIONDHL: NEW HIGH TARGET ON THE STREET DSV: EXPECTATIONS RUN HIGH KNIN: DHL GUIDANCE UPGRADE READ-ACROSSKNIN: NEW OPENINGGM: TECH UPSIDEAMZN: BIG DEBT FUNDING ON ITS WAYDHL: 'STELLAR EXPRESS'DHL: UPDATEDHL: STRONG PRELIMINARY UPDATE CHRW: STILL VERY BEARISH
VW: D-DAYPLD: KEEP PUSHINGDHL: NEW AIR SERVICEDHL: GUIDANCE UPGRADE REACTIONDHL: NEW HIGH TARGET ON THE STREET DSV: EXPECTATIONS RUN HIGH KNIN: DHL GUIDANCE UPGRADE READ-ACROSSKNIN: NEW OPENINGGM: TECH UPSIDEAMZN: BIG DEBT FUNDING ON ITS WAYDHL: 'STELLAR EXPRESS'DHL: UPDATEDHL: STRONG PRELIMINARY UPDATE CHRW: STILL VERY BEARISH
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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