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Contract talks for longshore workers at the Port of Montreal have stalled, with the union's chief negotiator saying employers have not yet made an offer on a new pay package. Canadian shippers are urging Parliament to take a more active role as a strike deadline approaches.
A strike at Montreal would disrupt Canadian grain, oilseed and container exports through a major eastern port. That could delay shipments and add freight costs, supporting Canadian basis and export freight.
joc.comMichael Angell, East Coast Ports }Dec 8, 2023Not 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.
