FedEx, Shipping, and Rail Stocks in Focus as Port Strike Nears End
Shipping stocks fell as the end of the port workers' strike looks to put paid to the prospect of sustained higher freight rates
This rail stock could benefit from port strike, analysts say
Union Pacific] stands to benefit in the near-term from an elongated East/Gulf Coast port strike that has driven intermodal volumes West,” T.D. Cowen analyst Jason Seidl said
Container-Ship Stocks Fall After U.S. Port Strike Ends
Container-shipping stocks fell Friday after U.S. dockworkers agreed to return to work with a beefed-up contract offer, nixing for now the prospects of higher freight rates. Shares of ZIM Integrated Shipping Services fell 12% to $19.
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.
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. Late Thursday, the International Longshoremen’s Association and the United States Maritime Alliance said they had reached a tentative agreement on wages and agreed to extend their master contract until Jan.
Shipping Stocks Hit on US Dockworkers' Strike Suspension
KEY TAKEAWAYS Shares of global shipping companies tumbled Friday, as the suspension of the U.S. dockworkers' strike reduces the possibility that snarled supply chains would lead to more global trade rerouting and boost their business.
Focus at Four: The aftermath of the East and Gulf coast port strike
Reject the sellout railroad contracts! Build a rank-and-file rebellion against the sellout union bureaucrats!
Now they are up to more dirty tricks. Bypassing the framework for national negotiations entirely, they are dividing us up ...
Longshoremen strike deadline looms large over economy and election
Tens of thousands of longshoremen at 14 ports along the East Coast and Gulf of Mexico are poised to walk off the job early ...
5 things to know for Oct. 9: Hurricane Milton, Gaza evacuations, National debt, Boeing strike, North Korea
More than 1,600 gas stations in Florida have run out of fuel as residents in Hurricane Milton’s path try to evacuate.
US rail union bureaucracy denounces opponents of sellout contracts as “bad faith actors”
In a series of letters, one of which attacked the WSWS for exposing the new BNSF contract’s preparations for one man crews, ...
News97d
The U.S. Is Experiencing Its First East Coast Port Strike Since 1977. Here's What To Know.
Thousands of dockworkers at every major East and Gulf Coast port are now striking, closing trade gateways that handle about ...
Salon5d
Dockworkers' union scores big labor victory after three-day strike
Back in December of 2022, facing a looming railroad strike over sick time, Biden appeared to tip the scale to the railroads, signing legislation that forced that stressed workforce to take a deal ...
The Washington Post10d
US retailers brace for potential pain from a longshoremen's strike
Biden and Congress did step in two years ago to block a looming freight rail strike and force those workers to accept a deal because of widespread fears that a rail strike would have damaged ...
Fox 5 NY8d
Here's how the port strike could affect the holidays
This holiday season might be a little less merry —with Christmas trees and holiday goods stuck in transit. Experts warn that more than a month could cause product shortages.
Port strike could mean higher prices for Kansas City consumers
A port strike stretching from Maine to Texas could benefit local freight businesses but may impact consumer prices if it extends beyond three weeks.
wdef.com10d
East Coast port strike looms for first time since 1977. Here’s what to know.
Although West Coast terminals could absorb some cargo diverted from eastern ports, they couldn’t handle it all, nor could the U.S. rail system, experts say. Should a strike persist longer than a ...
protothema.gr1d
No trains on Thursday due to strike of train drivers
A 24-hour strike has been called by the Hellenic Train on Thursday, October 10, as announced by the Panhellenic Union of ...