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L.A. port just hit a 118-year record. China's 40% grip explains everything.

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L.A. port just hit a 118-year record. China's 40% grip explains everything. Latin Times

Directly affected

  • No company is named in this report.

Indirectly affected

  • ZIM ZIM Integrated Shipping

    Container lines are exposed when a shipping lane is disrupted

  • MATX Matson

    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

    Ship owners earn more when vessels are tied up longer

  • SBLK Star Bulk Carriers

    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
ZIM———————
MATX———————
DAC———————
GSL———————
SBLK———————
GOGL———————

L.A. port just hit a 118-year record. China's 40% grip explains everything. Latin Times

Source: Latin Times

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12 out of 100

“L.A. port just hit a 118-year record. China's 40% grip explains everything.” scores 12 out of 100. The score uses 1 sources.