Dock strikes and shippers eyeing rate renegotiation add pressure on carriers
The threat of dock strikes at Felixstowe and Liverpool next month, together with the potential ...
Chile’s port strikes, which have reportedly affected 14 ports since the northern port of Angamos began a protest in December, are beginning to hurt perishables exporters in the middle of the country’s summer. A further week of strikes is likely to cost apple, berry and grape farmers some $70m, according to a fruit association, while losses for exporters could reach $1bn. Maersk, meanwhile has warned that Chile risks damaging its reputation if the strikes are not quelled.
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M&A radar: MSC (vs Mærsk) – a bit Amazon, a bit UPS. With an eye on Schenker...
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