XM Amerika Qoʻshma Shtatlari fuqarolariga xizmat koʻrsatmaydi.

US port strike ends, leaving cargo backlog



<html xmlns="http://www.w3.org/1999/xhtml"><head><title>UPDATE 3-US port strike ends, leaving cargo backlog</title></head><body>

54 container ships queued outside ports, risking shortages

Tentative deal includes 62% wage hike over six years, sources say

Strike cost US economy $5 billion a day, JP Morgan analysts say

Shipping stocks tumble across Asia and Europe

Adds comment from economist in paragraph 3, background on administration involvement in paragraphs 9-10, updates stock moves; changes media label to USA-PORTS/LABOR

By Doyinsola Oladipo and David Shepardson

Oct 4 (Reuters) -U.S. East Coast and Gulf Coast ports were reopened on Friday after dockworkers and port operators reached a wage deal to settle the industry's biggest work stoppage in nearly half a century, but clearing the cargo backlog will take time.

The strike ended sooner than investors had expected, weakening shipping stocks as freight rates were no longer expected to surge.

"The port strike ended fairly quickly, removing any significant downside risk to the economy this quarter," said Ryan Sweet, chief U.S. economist at Oxford Economics.

At least 54 container ships had lined up outside the ports as the strike prevented unloading, according to Everstream Analytics, threatening shortages of anything from bananas to auto parts. More ships are sure to arrive.

Pricing platform Xeneta said it was likely to take two to three weeks for the normal flow of goods to be reestablished.

"Remember that ships keep calling, so it's not just a matter of handling the ships already in line, but to work extra hard to run down the congestion before supply chains are rerunning," Xeneta Chief Analyst Peter Sand told Reuters.

The International Longshoremen's Association workers union and United States Maritime Alliance (USMX) port operators announced the deal late on Thursday. Sources said they had agreed a wage hike of around 62% over six years, raising average wages to about $63 an hour from $39 an hour.

The ILA launched the strike by 45,000 port workers, their first major work stoppage since 1977, on Tuesday, affecting 36 ports from Maine to Texas. JP Morgan analysts estimated the strike would cost the U.S. economy around $5 billion per day.

The disruption was a headache for Democratic President Joe Biden's administration ahead of the Nov. 5 presidential election pitting Democratic Vice President Kamala Harris against Republican former President Donald Trump. It threatened to dent U.S. employment figures in a report due to be released shortly before Election Day.

The White House had put pressure on the USMX employer group to sweeten its contract offer to end the strike, as business trade groups warned of devastating consequences if the stoppage continued.

Shares in shipping companies in Asia and Europe fell after the deal was announced.

Shipping group A.P. Moeller-Maersk MAERSKb.CO for example fell 4.7% by Friday morning, while Hapag-Lloyd HLAG.DE was down 14.4%. Japan's Nippon Yusen 9101.T, which had hit a record high a day earlier, shed 9.4% and Kawasaki Kisen 9107.T fell 9.7%.

"Shipping stocks had previously rallied on expectations of price increases triggered by the strike by U.S. dockworkers and the tense situation in the Middle East," said Taishin Securities Investment Advisory analyst Tony Huang.

Retailers account for about half of all container shipping volume, with Walmart WMT.N, IKEA, and Home Depot HD.N among those that rely on the East Coast and Gulf Coast ports, according to eMarketer analyst Sky Canaves.

Bill of lading figures from Import Yeti, a data firm, show the importers reliant on the affected ports include IKEA, Walmart and Goodyear Tire & Rubber GT.O.

Many retailers said they had stocked early for the coming holiday shopping season, and that a short strike would likely not have much impact on availability of products.

East Coast ports are also destinations for coffee, whose price has risen because of the disruptions.

The tentative deal on wages has ended the strike, but only extends the current contract to Jan. 15. The two sides will continue to talk about other issues, such as the ports' use of automation that workers say will lead to job losses.

"The decision to end the current strike and allow the East and Gulf coast ports to reopen is good news for the nation’s economy," the National Retail Federation said in a statement. "The sooner they reach a (final) deal, the better for all American families."


Cargoes stuck at US ports as labor strike continues https://reut.rs/3zSu1g3

TIMELINE-US East, Gulf Coast port workers go on strike, threatening global ID:nL1N3LC14X

Containerized goods to East/Gulf and West Coast of US https://reut.rs/3zArl6G


Additional reporting by Jihoon Lee in Seoul, Emily Chan in Taipei, Tom Westbrook in Singapore, Stine Jacobsen in Copenhagen; Writing by Peter Henderson; Editing by Sonali Paul, Barbara Lewis and Jonathan Oatis

</body></html>

Javobgarlikdan voz kechish: XM Group korxonalari har biri faqat ijro xizmatlarini koʻrsatadi va onlayn savdo platformamizdan foydalanish huquqini beradi, bu odamga veb-saytda yoki veb-sayt orqali mavjud boʻlgan kontentni koʻrish va/yoki undan foydalanishga ruxsat beradi hamda uni oʻzgartirishga moʻljallanmagan va uni oʻzgartirmaydi yoki kengaytirmaydi. Bunday kirish va foydalanish huquqi doimo quyidagilarga boʻysunadi: (i) Shartlar va qoidalar; (ii) Risklar haqida ogohlantirish; va (iii) Javobgarlikni toʻliq rad etish. Shuning uchun bunday kontent umumiy maʼlumot sifatida taqdim etiladi. Xususan, shuni esda tutingki, bizning onlayn savdo platformamiz mazmuni moliyaviy bozorlarda biror bitimni amalga oshirishga oid maslahat yoki taklif emas. Har qanday moliyaviy bozorda savdo qilish sizning kapitalingiz uchun jiddiy risk darajasini oʻz ichiga oladi.

Onlayn savdo platformamizda chop etilgan barcha materiallar faqat taʼlim/axborot maqsadlari uchun moʻljallangan va unda moliyaviy, investitsiya soligʻi yoki savdo maslahatlari va tavsiyalar; yoki bizning savdo narxlarimizning qaydlari; yoki har qanday moliyaviy vositalar bilan bitim tuzish maslahati yoki taklifi; yoki sizga kerak boʻlmagan moliyaviy reklama aksiyalari hisoblanmaydi

Har qanday uchinchi tomon kontenti, shuningdek XM tomonidan tayyorlangan kontent, masalan: fikrlar, yangiliklar, tadqiqotlar, tahlillar, narxlar va boshqa maʼlumotlar yoki bu veb-saytda joylashgan uchinchi tomon saytlariga havolalar umumiy bozor sharhi sifatida "boricha" taqdim etiladi va investitsiya maslahatini tashkil etmaydi. Har qanday kontent investitsiya tadqiqoti sifatida talqin qilinsa, siz bunday kontentni investitsiya tadqiqotlarining mustaqilligini ragʻbatlantirish uchun moʻljallangan qonun talablariga muvofiq moʻljallanmagan va tayyorlanmaganligini eʼtiborga olishingiz va qabul qilishingiz kerak, shuning uchun unga tegishli qonunlar va qoidalarga muvofiq marketing kommunikatsiyasi sifatida qaraladi. Mustaqil boʻlmagan investitsiya tadqiqoti va yuqoridagi maʼlumotlarga oid risk haqida ogohlantirishimizni oʻqib chiqqaningizga va tushunganingizga ishonch hosil qiling, unga bu yerdan kirish mumkin.

Riskdan ogohlantirish: Kapitalingiz risk ostida. Kredit yordamiga ega mahsulotlar hammaga ham toʻgʻri kelmasligi mumkin. Bizning Risklardan ogohlantirishimiz bilan tanishib chiqing.