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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 ....
Israeli Defence Minister Yoav gallant said the military is prepared to use forces from the air, Land And Sea to allow thousands of displaced israelis to return to their homes in the north. Mr gallant also said the next phase of the war against Lebanons Hezbollah will begin soon and that the killing of hezbollah S Leader was not the final step. Meanwhile, the Deputy Chief of hezbollah, naim qaissem, said the groups fighters are ready to confront an invasion. He acknowledged that Hassan Nasrallah s assassination was a big blow but said all fallen commanders would soon be replaced. We are hearing the ....