Shipping stocks battered
Port Strike Is Set to End. What It Means for FedEx, Shipping and Rail Stocks.
Shipping stocks fell as the end of the port workers' strike looks to put paid to the prospect of sustained higher freight rates
The U.S. port strike is over. This is what it means for transportation and shipping stocks.
The end of the three-day U.S. ports strike has implications for a number of transportation and shipping stocks, say analysts.
Shipping stocks battered after US port strike ends
Shares in shipping companies fell heavily across Asia on Friday after workers and U.S. port operators agreed a deal to end a strike on the East and Gulf coast docks far sooner than expected.
Asian Shipping Stocks Fall After U.S. Port Workers Suspend Strike
Shares of Asian shipping companies fell sharply after U.S. port workers suspended a three-day strike, dashing hopes for higher freight rates as a result of limited supply.
Port Strike Impact: Key Stocks And Sectors At Risk
A potential port strike threatens supply chain disruptions with possible repercussions for automakers, produce, retail, and transportation. Click here to learn more.
US port strike ends, but clearing long ship queues will take time
U.S. East Coast and Gulf Coast ports began reopening on Thursday night after dockworkers and port operators reached a wage deal to settle the industry's biggest work stoppage in nearly half a century,
Global Shipping Stocks Sink After US Dockworkers Pause Strike
Shipping stocks across Asia slumped after dockworkers at US East and Gulf coast ports agreed to suspend their strike, curbing expectations container rates will increase due to reduced supply.
Maersk slumps 7% as the end of U.S. port strikes weighs on European shipping stocks
Shares of Moller-Maersk slumped more than 8% Friday as European shipping companies fell on the conclusion of a U.S. port strike.
Shipping stocks tumble as US port strike ends earlier than expected, Maersk drops by 8%
Shipping stocks in Europe and Asia took a significant hit on Friday as the resolution of a US port strike dashed hopes for a short-term rebound in freight charges. The strike, which began earlier this week,
With port strike in its third day, consumer-staples stocks and retailers are in the spotlight
The strike that has shut U.S. East Coast and Gulf ports could impact a number of names in the consumer-staples space, warns Bank of America. A protracted strike could see companies such as ...
More China Stimulus And A Looming Port Strike
With the Chinese economy struggling, the People's Bank of China (PBOC) has unleashed a plethora of tools aimed at stimulating ...
S&P 500 Gains and Losses Today: Index Falls as Port Workers Begin Strike
The S&P 500 fell 0.9% on Tuesday, Oct. 1, 2024, amid concerns about the economic impact of a strike by workers at major port ...
US port strike ends leaving cargo backlog
U.S. East Coast and Gulf Coast ports began reopening late on Thursday after dockworkers and port operators reached a wage ...
Port strike spurs TP panic run in parts of NJ. But where is most toilet paper made?
A spot check showed some NJ supermarkets had plenty of toilet paper, but others had lower supplies. 90% of American toilet paper is made in the U.S.