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Strike action at the Port of Montreal since October 31 has slowed container handling, with four vessels waiting at anchorage. Rail operations for Montreal Gateway Terminal were suspended until further notice, and Canadian National is removing capacity at inland terminals for exports to Cast and Racine.
Truck gates remain open.
Suspended rail lanes to Montreal force US inland exports to reroute, adding freight cost and delay for containerized agricultural exports.
theloadstar.comCharlotte GoldstoneNov 6, 2024Not enough comparable past events yet for a historical read.
Not 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.
