American Steamship Co. and American Maritime Officers Union went on strike August 1st. At the present time several of ASC ships have tied up and the rest are on there way in. No tonnage is being hauled as of today.I am long GMT
The strike ended and ASC is presently crewing the vessels up to get back to full operation again.
Correction: American Maritime Officers Union represent the officers that are employed by American Steamship
Looking for the 52 week low soon keep the boats to the wall and this stock will be at 25 in no time