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Ports strike could have $4 billion daily impact, but these container stocks are well positioned
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Topics
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Politics - The Hill
How the port strike could impact daily life
Port workers are striking from Maine down to Texas, costing the U.S. economy as much as $5 billion per day but raising questions about how the strike will directly impact consumers. Despite a run ...2 days ago -
Business - The Wall Street Journal
Container-Ship Stocks Fall After U.S. Port Strike Ends
Shares dropped as much as 16% as the agreement nixed for now the prospects of higher freight rates.Yesterday -
Business - MarketWatch
This shipping stock is ‘in an enviable position’ for a protracted port strike, says analyst
While a prolonged strike at East Coast and Gulf ports would spell bad news for the U.S. economy, it could provide a boost to shipping company Global Ship Lease Inc., according to Liam ...2 days ago -
Top stories - CBS News
How the port strike could impact consumers as inflation has eased
There is no immediate price impact from the port strike, which is in its third day. However, Goldman Sachs says if the strike lasts more than a week, it expects the stoppage to affect retailers and ...2 days ago -
Top stories - NBC News
Port strike squeezes banana supplies, but most grocery shelves should be well stocked for weeks
Retailers and industry experts are urging shoppers not to resort to panic-buying, saying grocery aisles should be well-stocked with essentials for weeks.2 days ago -
Business - MarketWatch
These consumer-staples stocks could take a hit from the port strike
The dockworkers’ strike could impact a number of names in the consumer-staples space, warns Bank of America.2 days ago -
Business - MarketWatch
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.16 hours ago -
Business - The Wall Street Journal
Asian Shipping Stocks Fall After U.S. Port Workers Suspend Strike
Shares of Asian shipping companies fell sharply after U.S. port workers suspended a three-day strike, dashing hopes for higher freight rates as a result of limited supply.Yesterday -
Top stories - CBS News
What the dockworker strike could mean for the future of automation in ports
As the dockworker strike continues, the fight over automation may shape the future of port operations. With billions of dollars at stake, the outcome could affect not only jobs, but the global ...2 days ago -
Top stories - CBS News
Port strike could drive prices of food and other goods up
The dockworkers strike that's affecting ports from Boston to Houston is now in its third day with no deal in sight. CBS News senior business and tech correspondent Jo Ling Kent has more on what the ...2 days ago
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