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With the strike now on day three, shipping companies like Maersk (MAERSK-B.CO) have implemented fees.Per a report from TD Cowen analyst Jason Seidl, Maersk's surcharge fees are up to $3,780 per 45 ...
"There's no reason to panic because of this port strike. You know, things will be okay." About 85% of U.S. tissue paper demand, including toilet paper, paper towels, napkins and facial tissue, is ...
The strike had commenced on Tuesday as 45,000 dockworkers sought much higher pay to compensate for their high-risk jobs. Fears of automation and job protection were also front-and-center issues.
The 2011 Shanghai Truckers strike started in the Waigaoqiao zone of Pudong in Shanghai, China, ... There were further strikes called in other port cities.
The Port of Shanghai (Chinese: 上海港; pinyin: Shànghǎi Gǎng ; Wu; Zånhae Kån) is located in the vicinity of Shanghai, comprises a deep-sea port and a river port. The main port enterprise in Shanghai, the Shanghai International Port Group (SIPG), was established during the reconstitution of the Shanghai Port Authority.
Shanghai International Port (Group) Co., Ltd. (SIPG) is the exclusive operator of all the public terminals in the Port of Shanghai. It is a component of SSE 180 Index [ 1 ] as well as CSI 300 Index and sub-index CSI 100 Index .
A port strike will impact vehicle imports, auto parts, machinery, fabricated steel, precision instruments, computers, electronic parts and alcohol - 80% of imported beer, wine, whiskey and scotch ...
He should not invoke Taft-Hartley to end the port strike. Dock workers are striking against excessive corporate greed. The shipping industry has made $400 billion in profits since 2020. It’s ...