# Tentative labour deal ends paralysis of St Lawrence Seaway - The Loadstar

> Cargo traffic was set to resume on the St. Lawrence Seaway on October 30, ending a seven-day stoppage after a tentative labour deal. SLSMC said more than 100 vessels had been trapped outside the waterway, and the deal awaited a member vote.

- Date: 2023-10-30 · published 2023-10-30T12:00:00.000Z
- Category: logistics · region Canada · magnitude low
- Page: https://feedsoft.ai/events/33674-tentative-labour-deal-ends-paralysis-of-st-lawrence-seaway-the-loadstar
- Commodities: [Ocean Grain Freight](https://feedsoft.ai/c/OCEANFRT.md), [Soybeans](https://feedsoft.ai/c/SOY.md)

## Why it matters

The reopening clears a backlog of grain and other cargo, easing freight pressure, though the agreement still needs ratification and the lost days are significant in a short shipping season.

## Read by commodity

- SOY: bullish ▲
- OCEANFRT: bearish ▼

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| SOY | 2020-09-28 | [Argentine port strike paralyzes the country's grain exports - DatamarNews](https://feedsoft.ai/events/51123-argentine-port-strike-paralyzes-the-country-s-grain-exports-datamarnews.md) | +1.8% | +8.1% |
| SOY | 2017-04-07 | [Tensions rise as general strike paralyzes Argentina - Stabroek News](https://feedsoft.ai/events/71345-tensions-rise-as-general-strike-paralyzes-argentina-stabroek-news.md) | +1.5% | +2.3% |
| SOY | 2021-01-22 | [Argentina's Atlantic ports paralysed as lorry drivers strike deepens - Fastmarkets](https://feedsoft.ai/events/49133-argentina-s-atlantic-ports-paralysed-as-lorry-drivers-strike-deepens-fastmarkets.md) | -1.2% | +0.5% |
| SOY | 2020-02-13 | [A Deeper Mississippi River Will Improve the Economics of Soybean Exports](https://feedsoft.ai/events/54493-a-deeper-mississippi-river-will-improve-the-economics-of-soybean-exports.md) | +0.0% | -4.2% |
| SOY | 2020-12-28 | [Loading of more than 140 grains ships in Argentina delayed due to strike](https://feedsoft.ai/events/49662-loading-of-more-than-140-grains-ships-in-argentina-delayed-due-to-strike.md) | +4.2% | +8.4% |

## Sources

- theloadstar.com: https://theloadstar.com/tentative-labour-deal-ends-paralysis-of-st-lawrence-seaway/

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Data from Feedsoft AI (https://feedsoft.ai/). For information only; not investment advice.