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Ports
Articles
From
John Konrad
via
gCaptain
Crypto Gamblers Bet On East Coast Port Strike
As global trade gets rocked by geopolitical events, gamblers are betting on supply chain and economic disruptions. Polymarket, a decentralized prediction platform using cryptocurrency to wager on world events, is...
From
Reuters
via
gCaptain
East Coast Port Strike Threatens Supply Chains, Inflation and Presidential Election
By Lisa Baertlein and Timothy Aeppel – NEW YORK (Reuters) – U.S. companies that rely on East and Gulf Coast seaports have been importing early, shifting goods to the West Coast, and...
From
Bloomberg
via
gCaptain
Port of Vancouver Grain Workers Strike in Middle of Harvest
By Thomas Seal (Bloomberg) — Grain workers at Canada’s biggest port went on strike Tuesday over a dispute regarding hours and pay, setting up what an industry association called a “devastating” situation...
From
Mike Schuler
via
gCaptain
ILA and USMX at Loggerheads as Coastwide Port Strike Looms
The International Longshoremen’s Association (ILA) and United States Maritime Alliance (USMX) are locked in a contentious negotiation over a new Master Contract, with a potential coastwide strike threatening to disrupt...
From
Mike Schuler
via
gCaptain
Lithium-Ion Battery Fire at Montreal Port Prompts Lockdown
A fire involving a container carrying lithium-ion batteries at the Port of Montreal triggered a temporary stay-at-home order for nearby residents on Monday. The incident occurred in a container at...
From
Mike Schuler
via
gCaptain
Port Employers, Union Trade Blame Over Stalled Labor Talks as Critical Deadline Approaches
The U.S. Department of Labor has reached out to the United States Maritime Alliance in anticipation of a potential ports strike on the East and Gulf Coasts by the International...
From
Mike Schuler
via
gCaptain
CMA CGM Expands Global Reach: Acquires Stake in Brazil’s Largest Port Operator
CMA CGM, the French shipping and logistics group, has announced a significant expansion of its operations in South America, signing a definitive agreement to acquire a 48% stake in Brazil’s...
From
Mike Schuler
via
gCaptain
U.S. Faces Supply Chain Crisis Weeks Before Election
By Laura Curtis (Bloomberg) — Just as US policymakers shift focus from curbing inflation to shoring up the job market, the economy faces a jolt that threatens the kind of...
From
Reuters
via
gCaptain
Antigua-Flagged Vessel Damaged in Russian Attack on Odesa Port
KYIV, Sept 20 (Reuters) – A Russian missile strike has damaged infrastructure and an Antigua-flagged civilian vessel in the Ukrainian port of Odesa, the regional governor said on Friday. Four people were wounded...
From
John Konrad
via
gCaptain
Polymarket Betters Predict 63% Chance Of An East Cost Port Strike
As the tides of global trade ebb and flow, a new swell is forming on the horizon—one that could disrupt supply chains and economies alike. Polymarket, a decentralized prediction betting...
From
Mike Schuler
via
gCaptain
Congressional Republicans Urge Biden Administration to Prevent Looming Port Strike
Republican members of the Transportation and Infrastructure Committee and the House of Representatives have called on the Biden-Harris Administration to take immediate action to prevent a potential strike at East...
From
Mike Schuler
via
gCaptain
Dockworker Strike: Moody’s Sees Limited Financial Impact on U.S. East and Gulf Coast Ports
Moody’s Ratings has released a report on the potential dockworker strike at U.S. East and Gulf Coast ports, indicating that while a brief shutdown would hurt ports, it would not...