The saga continues, was Re: [TML] This fits right into the TU esp as the 2I started getting really shaky.. Phil Pugliese 02 Sep 2016 23:10 UTC
------------------------------------------------------------------------------------------------------------- [see below] -------------------------------------------- On Fri, 9/2/16, Bruce Johnson <xxxxxx@Pharmacy.Arizona.EDU> wrote: Subject: Re: [TML] This fits right into the TU esp as the 2I started getting really shaky.. To: "xxxxxx@simplelists.com" <xxxxxx@simplelists.com> Date: Friday, September 2, 2016, 1:08 PM > On Sep 2, 2016, at 7:07 AM, Phil Pugliese (via tml list) <xxxxxx@simplelists.com> wrote: > > This email was sent from yahoo.com which does not allow forwarding of emails via email lists. Therefore the sender's email address (xxxxxx@yahoo.com) has been replaced with a dummy one. The original message follows: > > ------------------------------------------------------------------------------------------------ > > Picked this up from DowJones... > > (This fits right into the TU esp as the 2I started getting really shaky..) > > Retailers Seek U.S. Help With Shipping Crisis > > U.S. retailers, bracing for a blow as they stock up for the crucial holiday sales season, asked the government to step in and help resolve a growing crisis caused by the near-collapse of South Korea's Hanjin Shipping Co., one of the world's largest container shipping companies. This is when motley crews of rickety Free traders start showing up at the BIG starports offering fast service for onesie-twosie shipments of containers that absolutely positively have to get there :-) In real life this is a BIG DEAL, like affect the worlds economy big deal. There are hundreds of thousands of containers on Hanjin ships right now that are sitting at sea or detained in port. all containing other companies’s property… -- Bruce Johnson --------------------------------------------------------------------------------------- The saga continues; (I can only just imagine the slo-mo (max J3 at that time) wave of disruption that rippled across the 2I when the Bank of ????? refused to honor another major banks currency) From DowJones; Hyundai Merchant Marine, South Korea's second biggest line, is deploying 13 ships to help ease cargo delays caused by the bankruptcy-protection filing of its rival Hanjin Shipping Co. on Wednesday, according to brokers in Asia. The cargo--most of it destined for the Americas--has been delayed or stranded in the wake of Hanjin's filing. At least one Hanjin ship has been seized in a foreign port and others seizures were imminent, brokers said. Cargo owners said the disruptions have helped to push up rates from South Korea's main port, Busan, to Los Angeles by $600 per container to $1,700 compared with Monday. One broker said his office was being flooded with calls from freight forwarders of companies like LG and Samsung trying to find other shipping companies to transport their products to the U.S. and Europe. "We expect freight rates to the U.S. and Europe to continue rising in coming days," that broker said. A number of Hanjin ships have been barred from moving cargo from Busan. Hyundai is loading its own ships with the goods and Hanjin vessels have been turned away from ports in the U.S., China, Canada, Spain and elsewhere. ---------------------------------------------------------------------------------------------------------------------