Monday, 07/10/2024, 10:13 (GMT +7)
703
Global shipping stocks plunge after US port strike ends
.webp)
Strike at US East Coast and Gulf ports (Photo by MARK FELIX/AFP /AFP)
Shipping stocks fell sharply in Europe and Asia on Friday after US port workers and operators reached a deal to end a strike at US East Coast and Gulf ports much earlier than expected.
Shares of shipping giant A.P. Morgan fell sharply in early trading in Europe on October 4. Moeller-Maersk fell 7.7%, hitting the bottom of the STOXX 600 index, while Hapag-Lloyd fell 12.4%.
Switzerland’s Kuehne und Nagel fell 1.8%.
Evergreen Marine, Wan Hai Lines and Yang Ming Marine in Taiwan fell between 8.8% and 10%, their biggest declines in months.
Japanese shipping companies Nippon Yusen, Kawasaki Kisen and Mitsui OSK Lines fell between 7% and 9%, the biggest decliners on the Topix index.
“Investors who hoped for a short-term rebound in freight charges, which are in a downward trend, are selling as the strike ended,” said Yang Ji-hwan, an analyst at Daishin Securities.
Source: Phaata.com (via MarineLink)
Phaata.com - Vietnam's First International Logistics Marketplace
► Find Better Freight Rates & Logistics Services!
Featured News
- Hapag-Lloyd applies Peak Season Surcharge from East Asia to USA and Canada
- The world\'s largest container ships MSC Irina and MSC Loreto floated
- MSC (Mediterranean Shipping Company) - The world\'s leading container shipping lines
- Information you need to know about Maersk Line
- Top 10 export and import goods between Vietnam - Philippines in the first 5 months of 2020
Market News
See more
.webp)
.webp)
.webp)
.webp)
.webp)
HOT PROMO
See more
107
FCL
38 Days
Freight cost
CHI NHÁNH THÀNH PHỒ HỒ CHÍ MINH - CÔNG TY TNHH HECNY SHIPPING VIỆT NAM
2236
Other
INTERLOG CORP - CÔNG TY CỔ PHẦN GIAO NHẬN TIẾP VẬN QUỐC TẾ
6967
FCL
35 Days
Freight cost
CÔNG TY TNHH CARDINAL GLOBAL LOGISTICS (VIETNAM)
Premium
4699
FCL
3 Days
Freight cost
CÔNG TY TNHH GIAO NHẬN TOÀN CẦU GS
4939
FCL
40 Days
Freight cost
N.B.L INTERNATIONAL TRANSPORT CO., LTD
Why do thousands of businesses trust Phaata?
USERS/MONTH
LOGISTICS COMPANIES
REQUEST FOR QUOTEŚ
QUOTATIONS
VIETNAM LOGISTICS COMMUNITY
5 Steps to Get the Best Quote
Find a price quickly/Send a RFQ
Compare multiple options
Contact for Further Consultation
Negotiating prices/services
Management & rating
Freight rates
Sea freight
- FCL
See more
18
12
Days Direct
- ₫41,017,650 / 20'GP
- ₫41,017,650 / 40'HQ
CÔNG TY TNHH GIAO NHẬN TOÀN CẦU GS
20
18
Days Transit
- ₫41,546,910 / 20'GP
- ₫82,961,505 / 40'GP
- ₫82,961,505 / 40'HQ
Công ty TNHH Giao nhận quốc tế HP LINK
63
40
Days Direct
- ₫92,620,500 / 20'GP
CÔNG TY CỔ PHẦN VẬN TẢI VÀ DỊCH VỤ HÀNG HẢI
73
5
Days Direct
- ₫12,569,925 / 20'GP
- ₫24,081,330 / 40'GP
- ₫24,081,330 / 40'HQ
GIA LINH LOGISTICS SERVICES CO., LTD. (G LINK Logistics)
228
28
Days Direct
- ₫118,898,259 / 20'GP
- ₫148,007,559 / 40'GP
- ₫148,007,559 / 40'HQ
ALLIANCE INTERNATIONAL LOGISTICS CO., LTD
Premium
Sea freight
- LCL
See more
42
13
Days Direct
- ₫0 /cbm
CÔNG TY TNHH DỊCH VỤ VẬN TẢI BIỂN VESTAL
1,397
45
Days Transit
- Refund ₫131,570 /cbm
CÔNG TY TNHH LIÊN KẾT HOÀN HẢO (PERFECTLINK CO.,LTD)
3,879
7
Days Direct
- Refund ₫261,590 /cbm
CÔNG TY TNHH VẬN TẢI VÀ TIẾP VẬN TOÀN CẦU
7,310
5
Days Direct
- ₫26,463 /cbm
CÔNG TY TNHH T&M FORWARDING - CHI NHÁNH HÀ NỘI
6,452
3
Days Direct
- Refund ₫926,205 /cbm
CÔNG TY CỔ PHẦN GIAO NHẬN VẬN TẢI HỒNG SƠN
Air freight
- General cargo
See more
385
8,406
1
Days Direct
- 46,310 ₫/kg
N.B.L INTERNATIONAL TRANSPORT CO., LTD
10,609
1
Days Direct
- 161,424 ₫/kg
CÔNG TY CỔ PHẦN GIAO NHẬN VẬN TẢI HỒNG SƠN
12,974
10
Days Transit
- 264,630 ₫/kg
Phoenix Logistics Vietnam - chi nhánh TP. Hồ Chí Minh (Phoenix International Forwarding Vietnam )
14,087
1
Days Direct
- 185,241 ₫/kg
CÔNG TY TNHH THƯƠNG MẠI VÀ DỊCH VỤ FASTRANS
Rail freight
- FCL
See more
9,682
5
Days Direct
- ₫44,987,100 / 40'HQ
- ₫44,987,100 / 45'HQ
CÔNG TY TNHH PHƯỚC TÁ
12,951
3
Days Direct
- ₫15,083,910 / 40'HQ
CÔNG TY CỔ PHẦN VẬN TẢI VÀ THƯƠNG MẠI ĐƯỜNG SẮT
22,632
7
Days Direct
- ₫48,956,550 / 20'GP
Công ty TNHH T&M Forwarding
21,111
5
Days Direct
- ₫7,145,010 / 20'GP
ASIAN EXPRESS LINE VIETNAM ( AEL VIET NAM )
11,446
10
Days Direct
- ₫9,262,050 / 20'GP
CÔNG TY CỔ PHẦN LOGISTICS QUỐC TẾ V&T
Road freight
- FCL
See more
2,789
4
Day
- ₫5,000,000 / 40'GP
CÔNG TY CỔ PHẦN IGAP
14,883
1
Day
- ₫28,000,000 / 20'GP
- ₫28,000,000 / 40'GP
CÔNG TY TNHH THƯƠNG MẠI DỊCH VỤ VÀ KHO VẬN VIETTEL POST - TTC
115,609
2
Day
- ₫6,500,000 / 40'RF
- ₫6,500,000 / 40'RQ
- ₫6,500,000 / 45'RQ
CÔNG TY CP PROSHIP
Premium
183,749
1
Day
- ₫18,997,200 / 20'GP
- ₫18,997,200 / 40'GP
CÔNG TY CỔ PHẦN GIAO NHẬN VẬN TẢI CON ONG
269,699
3
Day
- ₫32,000,000 / 20'GP
- ₫64,000,000 / 40'GP
- ₫64,000,000 / 40'HQ
- ₫64,000,000 / 45'HQ
Công ty Cổ phần phát triển thương mại Thuận Đạt Việt Nam
