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Port of Oswego officials said the eight-day Seaway strike cost the region about $1.8 to $2 million, including $125,000 in port revenue. The port's CEO said it took about two weeks after the strike to restore normal system flow and called for extending the season to January 15.
Schedule disruption lingers after the strike, so shipping through the Seaway may remain uneven for weeks, supporting freight costs for grain moving to eastern markets.
spectrumlocalnews.comNov 3, 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.
