Geopolitics Alpha

Amazon opens ‘last-mile’ shipping terminal in Esky

Published . Updated .

Amazon opens ‘last-mile’ shipping terminal in Esky

ESCANABA — The new last-mile shipping terminal for Amazon that recently opened in Escanaba is the first of its kind in the Upper Peninsula. After being under construction for a little over a year, the new building at 2602 Fourth Ave. N. — off of North 30th Street near Meijer in

Directly affected

  • IRM Iron Mountain+2.2%

    Named in this report.

Indirectly affected

  • ZIM ZIM Integrated Shipping-1.2%

    Container lines are exposed when a shipping lane is disrupted

  • MATX Matson-5.7%

    Container lines are exposed when a shipping lane is disrupted

  • DAC Danaos

    Ship owners earn more when vessels are tied up longer

  • GSL Global Ship Lease-8.5%

    Ship owners earn more when vessels are tied up longer

  • SBLK Star Bulk Carriers-6.2%

    Dry-bulk carriers move with commodity shipping demand

  • GOGL Golden Ocean

    Dry-bulk carriers move with commodity shipping demand

Price reaction, T-5 to T+3

TickerT-5T-3T-1T0T+1T+2T+3
IRM+1.44%+4.37%baseafter closeafter closeafter closeafter close
ZIM-1.23%-0.66%baseafter closeafter closeafter closeafter close
MATX+1.35%+2.85%baseafter closeafter closeafter closeafter close
DAC-1.41%+0.02%baseafter closeafter closeafter closeafter close
GSL-2.52%-0.04%baseafter closeafter closeafter closeafter close
SBLK-3.12%-0.53%baseafter closeafter closeafter closeafter close
GOGL+11.63%+11.63%baseafter closeafter closeafter closeafter close

Closing-price change versus T-1, the last close before the story. T0 to T+3 fill in after each market close. Prices: Alpaca IEX.

Market Call

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Amazon opens ‘last-mile’ shipping terminal in Esky Iron Mountain Daily News

Source: Iron Mountain Daily News

Shipping

CompanyWhenMoveStatus
DACthree days earlier+0.02%final price
DACfive days earlier-1.41%final price
GOGLthree days earlier+11.63%final price
GOGLfive days earlier+11.63%final price
GSLthree days earlier-0.04%final price
GSLfive days earlier-2.52%final price
IRMthree days earlier+4.37%final price
IRMfive days earlier+1.44%final price
MATXthree days earlier+2.85%final price
MATXfive days earlier+1.35%final price
SBLKthree days earlier-0.53%final price
SBLKfive days earlier-3.12%final price
ZIMthree days earlier-0.66%final price
ZIMfive days earlier-1.23%final price

How solid “Amazon opens ‘last-mile’ shipping terminal in Esky” looks

12 out of 100

“Amazon opens ‘last-mile’ shipping terminal in Esky” scores 12 out of 100. The score uses 1 sources.