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. port strike has implications for a number of transportation and shipping stocks, say analysts.
Shipping stocks battered after US port strike ends
SEOUL/LONDON (Reuters) -Shares in shipping companies fell heavily in Europe and 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.
European shipping firm stocks dive on end to dockworker strike
Shares in Europe’s top shipping companies fell on Friday on news the U.S. dockworker’s union will be temporarily halting its shutdown of American ports until January next year. In a statement on Thursday,
Shipping stocks slide 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.
FedEx, Shipping and Rail Stocks in Focus as Port Strike Nears End
Shipping stocks fell as the U.S. dockworker agreement seems to make the prospect of sustained higher freight rates unlikely.
Port Workers Are Getting a Huge Raise. It Isn’t All $450,00 Paychecks.
The deal ending the strike will lift pay for some workers to levels many doctors get, but the picture is more complicated ...
Here are all the winners in the port strike deal
The deal reached Thursday to have 50,000 striking longshore workers return to work had a lot of winners — and relatively few ...
For Savannah, It’s Not Just a Port. It’s an Economy.
The Georgia city is a picturesque tourist destination. It’s also the No. 2 ocean cargo hub on the East Coast, and the dock ...
Port strike ends as agreement on wages reached: What we know
A three-day strike that halted shipping at 36 U.S. ports along the East and Gulf coasts ended Thursday with a deal for ...
The port strike is over. Here’s what happens next
It took only three days for one side to blink and the potentially crippling strike at the United States’ East and Gulf Coast ...
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Port workers’ next demand: Stop robots from taking our jobs
Fresh from a big win in a three-day port strike, which ended with his members getting a 62 percent raise over six years, ...
No reason for panic buying of toilet paper, experts say, as port strike comes to a swift end
With a tentative contract reached between long shoremen and an alliance of port operators to end a strike, cargo operations ...
'Panic buying begins': TikTok users show port strike fears sparked toilet paper and grocery rush
Americans panic bought food and other goods as U.S. port strikes started earlier this week, according to social media trends.
US port workers and operators reach deal to end East Coast strike immediately
Both sides said in a statement that they would extend their master contract until January 15, 2025 to return to the ...
Port Workers Strike Update as Union Agrees to Deal
The statement by the ILA and the United States Maritime Alliance, Ltd., which represents the shippers and ports, said in part ...
Biden Sees Progress in US Port Strike
The White House is weighing in on the port strike, as the economic disruption grows. Bloomberg's Tyler Kendall has reaction ...
US port strike throws spotlight on big union foe: automation
Automation has also cropped up in other port labor disputes in the U.S. and Canada that have shaken global trade, stretching ...