Ports Strike Could Mean Shortages, Higher Prices
A long strike could make some products more expensive, and create a scarcity of popular toys during the holidays.
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Container Spot Rates Plummet 43%
The Shanghai Containerized Freight Index (SCFI) fell another 10% in week 39. In total, the SCFI has dropped 43% during the ...
Freight rates rise as companies plan for costly US port strike
The strike would close east coast and gulf coast ports that handle roughly half of the goods imported via container, ...
Dockworkers strike suspended, tentative agreement includes 62% pay raise over 6 years
The union representing East Coast and Gulf Coast dockworkers was seeking higher wages and a ban on the use of some automated ...
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Here's How Much Asia-to-US Container Rates Could Jump on a 1-Week Port Strike
As of Thursday, 54 ships waited outside nine top U.S. ports impacted by the strike, but Everstream says that could reach 100 ...
Top 5 companies set to gain from India’s container capacity expansion
These five stocks are poised to benefit from India's container handling capacity, which is set to double in the next five ...
The US could have seen shortages and higher retail prices if a dockworkers strike had dragged on
The union representing striking U.S. dockworkers has reached a deal to suspend the strike until Jan. 15 to provide time to negotiate a new contract ...
The US could see shortages and higher retail prices if a dockworkers strike drags on
U.S. ports from Maine to Texas could shut down Tuesday if a union representing about 45,000 dockworkers carries through with ...
Port strike may hike prices, cause shortages of certain goods: What to know
U.S. ports from Maine to Texas shut down Tuesday when the union representing about 45,000 dockworkers went on strike for the first time since 1977.
US retailers look to back-up shipping plans to prep for holidays as strike continues
Retailers like Levi and Costco are planning to shift routes and use air freight to avoid shipping delays amid the ongoing ...
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Thousands of shipping containers have been lost at sea. What happens when they burst open?
Cargo ships can lose anywhere from a single container to hundreds at a time in rough seas. Experts disagree on how many are lost each year. The World Shipping Council, an industry group ...
Expect shortages of bananas, booze, chocolate and cherries if there’s a long port strike
If longshore workers at East and Gulf coast ports go on strike Tuesday, as now appears likely, it could choke off the ...