The Wall Street Journal

Maersk cautions on costs and delays from US dockworkers strike

Maersk cautions on costs and delays from US dockworkers strike
The strike is affecting ports on the East Coast of North America. (Image: Port Authority of New York & New Jersey)
The Wall Street Journal
By Dominic ChoppingMaersk has warned that the US dockworkers strike will affect supply chains, leading to delays in cargo movement, increased costs and logistical challenges for businesses relying on US East Coast and Gulf ports.“Longer labour dispute durations may exacerbate disruptions, affecting import and export activities, container availability and overall operational efficiency,” it wrote in a customer advisory.The shipper's shares fell as much as 5.5% in European trade, while shares of German rival Hapag-Lloyd dipped 3.8...

More Transport

Fast track's Northland connections
Economy

Fast track's Northland connections

An umbilical cord of infrastructure for Northland runs through the fast track list.

Pattrick Smellie 07 Oct 2024
Lyttelton port reports jump in six-figure earners
Infrastructure

Lyttelton port reports jump in six-figure earners

The port is trying to cut costs after a year of dampened profits.

Oliver Lewis 03 Oct 2024
NZTA board to decide on Wellington 'long tunnel'
Policy

NZTA board to decide on Wellington 'long tunnel'

BusinessDesk understands ministers may no longer support the multibillion-dollar option.

Oliver Lewis 02 Oct 2024
Qatar bids for quarter stake in Virgin Australia
Travel

Qatar bids for quarter stake in Virgin Australia

Travellers will get more choice and fare options if move is successful.

AAP 01 Oct 2024