FourKites resolves legal disputes with project44
PRESS RELEASE December 02, 2024 10:02 AM Eastern Standard Time CHICAGO–(BUSINESS WIRE)–FourKites today announced that it has resolved ...
GXO: HAMMEREDMAERSK: BOUNCING BACKDSV: FLIRTING WITH NEW HIGHS AMZN: NEW HIGH IN RECORD MARKETS WMT: RECORD IN RECORD MARKETSDSV: UPGRADEGM: BIG CHINA IMPAIRMENTCHRW: DEFENSIVEKO: GENERATIVE AI VISIONKO: AI USAGEKO: MORGAN STANLEY CONFERENCEGXO: NO SALE NO MOREGXO: CEO EXITDSV: TINY LITTLE CHANGE
GXO: HAMMEREDMAERSK: BOUNCING BACKDSV: FLIRTING WITH NEW HIGHS AMZN: NEW HIGH IN RECORD MARKETS WMT: RECORD IN RECORD MARKETSDSV: UPGRADEGM: BIG CHINA IMPAIRMENTCHRW: DEFENSIVEKO: GENERATIVE AI VISIONKO: AI USAGEKO: MORGAN STANLEY CONFERENCEGXO: NO SALE NO MOREGXO: CEO EXITDSV: TINY LITTLE CHANGE
The Meishan Island International Container Terminal (MSICT) at Ningbo-Zhoushan port, which partially reopened last week has now reported that the terminal will resume full operations from today.
A Covid-19 scare, following a positive test on a docker who lived at the terminal’s dormitory, saw MSICT close on 11 August, sparking fears of another substantial event to disrupt global supply chains.
In the event, local authorities immediately imposed a strict lockdown and the move has now led to the facility reopening fully.
MSICT handles around 6m teu a year, about 20% of Ningbo-Zhoushan port’s annual volumes, and there will be a substantial backlog to clear.
Last week, project44 reported 41 ships were at anchor awaiting a berth and cargo handling at Meishan Island.
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