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
It appears there may be an end in sight to the troubles in Hong Kong, where Hongkong International Terminals has seen daily losses of between HK$5m ($620,000) and HK$2.4m as dockworkers continue to strike. But now, reports Bloomberg, controversial billionaire Li Ka-shing has hired new workers while others have returned to work – meaning that the average ship waiting time has fallen from 60 hours to 25 hours. Nearby ports in Guangdong won’t be happy with this news – more than 100 vessels have re-routed since the strike began.
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