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Biden asks ocean carriers to present "fair offer," backs port workers
2 Oct 2024 1:06 PM IST"Now is not the time for carriers to refuse to negotiate a fair wage for workers while raking in record profits."
Strike cripples US East Coast ports
1 Oct 2024 11:50 AM ISTUSMX made last ditch attempt to avoid strike by offering a 50% hike in wages over six years - an offer rejected by ILU.
Supply chain challenge - possible strike at US East Coast ports
27 Sept 2024 2:25 PM IST"Consequences will be severe, not only through congestion at U.S. ports but ships will be delayed for the next voyage."
Container shipping volatility easing on narrowing price differentials
27 July 2024 4:51 PM IST"It is also a case that the lower end of spot market will eventually increase as an overall market spike progresses."
CMA CGM to strengthen ISC-US East Coast connection
18 Jun 2024 11:25 AM ISTWeekly fixed day sailings with 8,500 TEU vessels from August 15, departing from Indian subcontinent to USEC