As much as 5 Billion each day according tojpmorgan analysts. Us retailers, automakers and other businesses now face Ballooning Freight rates ahead of the crucial festive shopping season. Large retailers have pulled forward imports of much of their Holiday Merchandise and made reservations with west Coast Ocean and Rail Carriers in hopes of avoiding any disruption. Lets speak to peter sand, chief analyst at xeneta, an Ocean Freight analytics firm. Hello to you. I know you have already calculated what this could mean if the Strike Action goes ahead, so do tell us more. A disruption like this always comes at a bad time for European Exporters into North America as well as North American exporters out of thE East Coast And Gulf coast. It will be impacted at first but this seems to be a first for almost 50 years, has the potential not only to lift Freight Rates higher due to the disruption from the strike, but certainly also to have wider implications, one or two months later down the road w
Its the first such attack outside the lebanese capitals Southern Suburbs. These are the live pictures from the same area. A small palestinian militant group, the popular front for the liberation of palestine, says three of its leaders were killed in the blast. In lebanon, israel attacked more than 120 targets on sunday. At least 50 people are reported to have been killed in a series of attacks in the east of the country, including in the bekaa valley. With the latest, heres chi chi izundu. Destruction in the centre Of Beirut. This shows the apparent aftermath of an Air Strike on a Building CLose to a major Transportation Hub in the lebanese capital. Israel has been targeting hezbollah sites on the outskirts Of Beirut, but this is thought to have been the first time an attack has been carried out within the limits in the past year. Within the City Limits in the past year. The lebanese Prime Minister says the continuing Air Strikes may have forced as many asi million people from their ho
Some of his family members. And Lebanons Health Ministry says four people were killed and four injured in an israeli Air Strike on the Kola District in central beirut. A palestinian militant group, the popular front for the liberation of palestine, says three of its leaders were killed in the blast. These are the live pictures from the same area. Its the first such attack outside the lebanese capitals Southern Suburbs. You can see the view across the Skyline And Smoke rising on the right Hand Side of that shot as the conflict continues. In lebanon, israel says it attacked more than 120 targets on sunday. Lebanon says more than 100 people were killed in a series of attacks across the country yesterday. With the latest, heres chi chi izundu. Destruction in the centre of beirut. This shows the apparent aftermath of an Air Strike on a Building Close to a major Transportation Hub in the lebanese capital. Israel has been Targeting Hezbollah sites on the outskirts of beirut, but this is thoug
Also on the programme thInkIng outside the box. Why people with dyslexia could be best placed to unlock the potential of ai. And, back down to Earth. Astronauts from All Over The World gather In The Netherlands for their annual convention. But what will they be talkIng about . Well hear from one of them welcome to to busIness today, im ben thompson. We begIn In the us, where Port Workers across the East Coast are set to walk out on Strike Tomorrow and to global supply chaIns. The action announced on sunday by the Port Workers union could shut down 36 ports which handle half the goods imported Into the us via contaIner. AccordIng to analysts atjp morgan, the cost to the us economy could be 5 Billion a day. ShippIng rates are already soarIng ahead of the crucial festive shoppIng season. Mr president would you Intervene In a dock Workers Strike . Intervene In a dock Workers Strike . Intervene In a dock Workers Strike . Why Intervene In a dock Workers Strike . No. Why not . Intervene In a
Its military operations in lebanon by targeting dozens of hezbollah targets overnight. Hamas says its leader in lebabon, Fateh Sherif Abu El Amin was killed along with some of his family members. Lebanons Health Ministry says four people were killed and four injured in an israeli Air Strike on the Kola District in central beirut. A palestinian militant group, the popular front for the liberation of palestine, says three of its leaders were killed in the blast. Lets Ta Ke lets take you to the scene live in the area. Its the first such attack outside the lebanese capitals Southern Suburbs. In lebanon, israel says it attacked more than 120 targets on sunday. Lebanon says more than 100 people were killed in a series of israeli attacks across the country on sunday. Irans foreign Ministry Spokesperson has said iran will not leave any of what he described the criminal acts of israel unanswered. With the latest, heres chi chi izundu. Destruction in the centre of beirut. This shows the apparen