Indian Transport & Logistics

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Maersk upgrades full-year 2024 guidance

22 Oct 2024 7:30 AM GMT
Maersk now expects underlying EBITDA of $11-11.5 billion and EBIT of $5.2-5.7 billion for 2024.

U.S. container market: Election, global uncertainty to impact outlook

14 Oct 2024 2:30 PM GMT
Importers likely to frontload cargo ahead of disruptions in 2025, driven by labour negotiations and Chinese New Year.

US East Coast port workers get ready for tough talks on automation

7 Oct 2024 10:26 AM GMT
With a wage hike of 61.5% over 6 years, ILA want to keep out automation from all key jobs. Will the gambit work?

US port strike ends, supply chains will take weeks to recover: Xeneta

4 Oct 2024 2:52 PM GMT
ILA and USMX have only 100 days to reach an agreement on automation.

U.S. East Coast ports to start operations, ILA calls off strike

4 Oct 2024 4:34 AM GMT
Tentative deal includes a 62% wage hike over six years; ILA, USMX to negotiate all other issues including automation.

Strike continues at U.S. East Coast ports, focus shifts to capacities

3 Oct 2024 7:23 AM GMT
USMX says talks cannot happen on pre-conditions even as Biden backs workers; all eyes on how long the strike will last.

Biden asks ocean carriers to present "fair offer," backs port workers

2 Oct 2024 7:36 AM GMT
"Now is not the time for carriers to refuse to negotiate a fair wage for workers while raking in record profits."

Supply chain challenge - possible strike at US East Coast ports

27 Sep 2024 8:55 AM GMT
"Consequences will be severe, not only through congestion at U.S. ports but ships will be delayed for the next voyage."
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