Date: Thursday, December 16, 2010

Re:	Chilean Public Worker's Strike and Italian Transportation Association Strike Update

Chile - ANEF Chilean Public Workers' Strike

Chilean public worker's union has started an indefinite strike over salary agreements. This is not affecting Chilean vessel operations however shipments from Argentina are facing delays with the cross-Andes transport and container positioning.

Italy - Transport Associations Strike Update for December 17, 18, 20

All transport associations together with related unions representatives have announced that the strike scheduled from Friday 17th December through to Monday 20th December inclusive has been postponed to Saturday 18th through to Tuesday 21st December inclusive. Haulage services may be affected starting from Monday until the strike is over.

We will continue provide updates on further developments. For status on any pending orders check with your operations representative at 732-388-0101 or login to AXIS for further detail.