Schedule reliability on the rise despite European port congestion
Despite ongoing reports and warnings of worsening port congestion levels in North European ports, container ...
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 TRADE
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 TRADE
Beleaguered shippers wanting the facts on the current congestion crisis at US west coast ports, not only for their own education but importantly to relay to their angry customers, can do no better than read this excellent informative Q & A press release from the port of Oakland.
Indeed, given the headline news of work slowdowns and weekend work suspension resulting from the impassé on a new labour contract the port of Oakland reminds us that there are other factors that have contributed to the gridlock, including: robust US imports; the deployment of mega-vessels; an acute shortage of chassis and truck drivers and the unreliability of liner schedules.
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