Shares in container liner operators plummeted across the globe after a labour agreement ended a threat of a sweeping strike across US ports — a development that a dockworkers’ union attributed to the involvement of US President-elect Donald Trump.
The tentative agreement between the International Longshoremen’s Association (ILA) and an employers’ group for container and vehicle ports from Maine to Texas ended worries that a strike could shutter a swathe of US terminals.
