Shippers seek alternatives as east coast port strike looms
While North American shippers and forwarders nervously await the next developments in the apparent stand-off ...
AMZN: MESSAGE FROM CEODSV: CONSENSUS ESTIMATES RXO: COYOTE DEAL CLOSEDDHL: POSTE PARTNERSHIPDSV: SCHENKER BOOST DAY THREEAAPL: PRESSURE BUILDS WMT: ANOTHER RECORDFWRD: ON THE RISEBA: NEW LOWWTC: NEW DAY NEW HIGH DSV: SCHENKER BOOST DAY TWODSV: STOCK MARKET FALL ACCELERATES DSV: 'NON-EVENT' CONF CALL DSV: COUNTRY LEVEL REPORTING LINES DSV: 'WE ARE ENCOURAGED TO FIND A DEAL WITH THE UNIONS' DSV: SCHENKER DEBT REFINANCING RISK DSV: SCHENKER DEAL FUNDINGDSV: CUSTOMER OVERLAP
AMZN: MESSAGE FROM CEODSV: CONSENSUS ESTIMATES RXO: COYOTE DEAL CLOSEDDHL: POSTE PARTNERSHIPDSV: SCHENKER BOOST DAY THREEAAPL: PRESSURE BUILDS WMT: ANOTHER RECORDFWRD: ON THE RISEBA: NEW LOWWTC: NEW DAY NEW HIGH DSV: SCHENKER BOOST DAY TWODSV: STOCK MARKET FALL ACCELERATES DSV: 'NON-EVENT' CONF CALL DSV: COUNTRY LEVEL REPORTING LINES DSV: 'WE ARE ENCOURAGED TO FIND A DEAL WITH THE UNIONS' DSV: SCHENKER DEBT REFINANCING RISK DSV: SCHENKER DEAL FUNDINGDSV: CUSTOMER OVERLAP
Drewry has done some number crunching on whether the move to air freight during the height of the west coast ports congestion has stuck. Air freight has, in containerisable imports to the US, added to its market share, which is now at 2.8%, up from 2.4% at the start of 2014. US Census Bureau data shows that air cargo has increased its share in women’s garments – being flown in for the summer season – as well as in hi-tech and automotive, and even in the slower moving sphere of men’s t-shirts. (You may need to register with Drewry to read the article – but it is free.)
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