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Maersk upgrades full-year 2024 guidance
22 Oct 2024 7:30 AM GMTMaersk 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 GMTImporters 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 GMTWith 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 GMTILA 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 GMTTentative 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 GMTUSMX 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."