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The United National Transport Union said wage talks with Transnet, South Africa's state ports and rail company, have deadlocked, and it is moving toward strike action. The union wants a 10% raise while Transnet offers 6% annually for two years and 5.5% in the third.
A strike would disrupt rail and port handling of bulk exports and farm goods such as citrus, which could slow shipments and add to logistics costs, though the effect on grain benchmark prices is limited.
supplychainbrain.comBloombergApr 15, 2025Not enough comparable past events yet for a historical read.
Not enough comparable past events yet for a historical read.
After 823 past logistics events, Wheat (SRW) moved a median -0.2% over 5 sessions (46% higher; middle half -1.5% to +1.2%), and -0.1% over 20.
Moves of each commodity's benchmark from the last close before the event. Historical reads pool past events of the same kind; they describe what happened, not what will. Not investment advice.
