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The BC Maritime Employers Association locked out more than 700 ILWU Local 514 members on November 4 after a walkout at member terminals. Talks made no progress and no further meetings were scheduled.
Experts expect minimal short-term impact because cargo can be rerouted to US West Coast ports.
Diversion of cargo to US West Coast ports may lift short-term container freight and equipment costs, and a prolonged stoppage could tighten logistics for Canadian exports.
supplychaindive.comKelly StrohNov 8, 2024Not enough comparable past events yet for a historical read.
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.
