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Dock workers at Felixstowe, Britain’s biggest container port, started their second walkout this morning, with an eight-day strike over pay, that overlaps a similar walkout over pay by Unite Union members at the Port of Liverpool from the 19th September
As global economies take a battering, with purchase manager indices and consumer sentiment plunging, the inevitable slowing in demand is leading carriers to blank sailings, with 8.8% of capacity due to be pulled from Asia to Europe and a pronounced
Over the last two months almost half a million TEU of capacity has been blanked from Asia to Europe, while carriers plan to blank 700,000 TEU, or 24% of total capacity to the US East and West coasts in October. With
Owing to the international regulations of the European Union, trade between EU countries is not considered an import/export. For products from outside the EU, importers are subject to different rules and requirements for products entering the EU market, which often
Near-Sourcing is a term used to describe a business placing some of its operations close to where its end-products are going to be sold. This is the direct opposite of outsourcing, which has been the leading trend for manufacturers in
Unite Union negotiators have walked away from ‘last-ditch’ talks with Felixstowe Port, after rejecting a 7% wage increase and £500 lump sum as an effective pay cut, confirming its intention to call its 1,900 members out from Sunday until 28
Tensions across the Taiwan Strait are not good news for global supply chains, but after a difficult 18 months recent data suggest supply chains may be returning to relative calm. The global supply chain pressure index, is down 57% from its
At this point, we all can agree that making predictions on the current state of the market can be very tricky. After the many disruptions in transportation and logistics over the past couple of years, we are better prepared to
Britain’s biggest container port moved closer to industrial action on Monday, after Felixstowe port bosses and Unite Union leaders remained deadlocked in efforts to avert strike action, with talks set to resume today. The Unite Union’s 1900 members at Felixstowe voted 92%
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