Jul 12, 2023
Savannah aims for more cold
About 65% of the current carrier orderbook is for ships over 15,000 TEUs in
About 65% of the current carrier orderbook is for ships over 15,000 TEUs in capacity, the majority of which will be deployed on the already oversupplied Asia-Europe trade.
The appointment of a new CEO for the US's largest logistics provider comes six months after the dismissal of ex-CEO Bob Biesterfeld, who was let go amid slowing freight demand, rate declines and investor unrest.
ILWU Canada rank-and-file will vote later this week on whether to issue a 72-hour strike notice, raising the unprecedented prospect of disruption on Canada's West Coast amid job actions by labor along the US West Coast.