Transpac container service closures mount
As spot freight rates on the transpacific trade continue to weaken, the number of service ...
EXPD: CASHING INCHRW: INSIDER SALEFWRD: TRADING UPDATETSLA: POWERING THE UKUPS: DRIVER DEAL EXTENSIONMAERSK: BEARS UPPING TARGETSCHRW: NEW HIGHS AND PAYOUT CONFIRMEDBA: GREEN LIGHTMAERSK: ONE UPGRADE AFTER ANOTHER FDX: STEADY YIELDCAT: DOWNSIDE RISKMAERSK: SOARINGMAERSK: CONGESTION RISK MAERSK: 'ACCELERATION OF GLOBALISATION' MAERSK: GEMINI NETWORK FLEXIBILITY
EXPD: CASHING INCHRW: INSIDER SALEFWRD: TRADING UPDATETSLA: POWERING THE UKUPS: DRIVER DEAL EXTENSIONMAERSK: BEARS UPPING TARGETSCHRW: NEW HIGHS AND PAYOUT CONFIRMEDBA: GREEN LIGHTMAERSK: ONE UPGRADE AFTER ANOTHER FDX: STEADY YIELDCAT: DOWNSIDE RISKMAERSK: SOARINGMAERSK: CONGESTION RISK MAERSK: 'ACCELERATION OF GLOBALISATION' MAERSK: GEMINI NETWORK FLEXIBILITY
The Israeli-owned Zim Shanghai has been forced to move on to LA from the port of Oakland, without discharging its cargo following pro-Palestine protests at the port. It follows a similar outcome for Zim Piraeus, which was blockaded for four days in Oakland last month. The ILWU union said it was taking no position on the Israel/Gaza conflict, but members refused to unload the ship when faced with physical threats as they tried to work. It amounts to more bad news for Zim, already embattled in a tough market and facing financial difficulties.
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