Clear choice for shippers and forwarders, thanks to Rijeka terminal moves
Shippers and forwarders in central and southern Europe using the Croatian container gateway of Rijeka ...
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 TRADEAAPL: SUPPLY CHAIN BET
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 TRADEAAPL: SUPPLY CHAIN BET
This story first reared its head in the first days of The Loadstar. Remember when, in 2012, the ILWU and International Brotherhood of Electrical Workers (IBEW) were arguing about whose job it was to plug and unplug reefer containers at Terminal 6 in Portland, Oregon? Well, it resulted in ILWU slowdowns, which affected the port. Now a jury has backed port operator ICTSI’s claims that the union’s campaign led to the loss of service contracts with two major shipping companies – approximately 98% of its business. Last week, a jury awarded awarded ICTSI $93.6m – an amount that could bankrupt the union. However, it is expected that ILWU will contest the judgment.
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Comment on this article
Gary Ferrulli
November 11, 2019 at 3:51 pmBy the time you’ve read this, a judge has postponed the verdict and the ILWU has filed a petition to vacate the verdict which will be heard by a US court sometime in the next few years.
Unions in this country are politically covered by their traditional voting patterns, politicians either avoid doing anything to harm them or openly support whatever they are doing. It means votes.