Steel, Cars, Furniture and Wood At Risk in Continued Swedish Strike — Panjiva
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Steel, Cars, Furniture and Wood At Risk in Continued Swedish Strike

Ags - Forestry 134 Cons. Discr. - Autos 1246 Cons. Discr. - Durables 573 Corp - Ports 908 Corp - Shipping 1025 Metals - Steel 542 Mode - Containerized 1523 Mode - Seaborne 1845 Strikes 78 Sweden 19 U.S. 5398

Strike disruptions may have cut container handling at the port of Gothenburg in Sweden by 65%. That has led the operator, Maersk’s APM Terminals, to consider cutting staffing by 36%. That may be a move to get unions to the negotiating table, and comes amid broader strike action in Europe, especially in Spain. Panjiva data shows Grimaldi is the most exposed carrier on Sweden-to-U.S. routes (with a 59% market share). Major U.S. consignees include steelmaker Ovako, Volvo Cars, Ikea and commodity shipper Glencore and Outokumpu (forestry).

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