MSC (Mediterranean Shipping Company) is viewed as one of the leading container lines in the world. In order to cater to various demands of consumers, MSC has determined to develop an air cargo division named MSC Air Cargo, which will begin operations in early 2023. By this move, MSC joined its peers like Maersk, CMA, and CGM. However, there is a difference: MSC rents aircraft.
Hundreds of dockers at Port of Liverpool, the fifth-largest port in the UK, had planned to walk out for two weeks from 20 September to 3 October over pay row. And the strike is officially ongoing.
According to the weekly analysis from Drewry, there has been 94 canceled sailings announced across the major shipping routes (Transpacific, Transatlantic, and Asia-North Europe & Med) out of a total of 748 scheduled sailings. The cancellation rate stands at 13%.
Since January, the NY-NJ Port has been confronting a severe container imbalance, with over 200,000 containers sitting at the port, resulting in worse delays in the US supply chain. It has to process record import volumes with the empty containers waiting and accumulating. Port officials were eager to solve the problem by imposing a container imbalance fee. In this way could the evacuation of containers be accelerated.
The strike action in Felixstowe Port was expected to enter its final day in late August. 1900-plus dock workers have demonstrated their mutual solidarity by acting together to demand an effective pay increase. However, things did not go smooth. The port operator Hutchison made suggestions that dockers would turn up for work anyway.
Around 1900 dockworkers at Felixstowe staged an eight-day stroking action starting 21 August, 2022, demanding an inflation-busting pay increase. The subsequent knock-on impact would reveal itself shortly.
The baking heat and drought in Germany have been the culprit for the recent low water levels on the Rhine river. According to Contargo, a barge operator, the water level on the Gauge of Kuab has decreased to 47cm, hitting a four-year low.
Congestion on US East Coast has been aggravated recently, weighing heavily on the supply chain. The shift in shipping container capacity from the Far East to the US continues. A growing number of containers get to be received and handled at East Coast Ports.
About 1800 manual workers at Port of Felixstowe planned to walk out in August as a gesture against the port officials. They are members of Unite, the UK's leading union. The regional officer of Unite, Miles Hubbard, believed that such a strike would yield adverse outcomes. At the same time, he insisted that workers needed to speak their own voices.
Almost seven days into the walkout staged by truck drivers at Port of Oakland, the protests ended temporarily on July 25th. Shipping containers resumed moving at this port. Thick traffic was restored.
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