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Members of the International Longshore and Warehouse Union of Canada voted 74.66% in favor of a revised tentative agreement with West Coast port management. The deal ends the uncertainty behind the strike that halted trade at Canadian ports for weeks.
Railroads and trucking firms are still working through container congestion.
Ratification removes the risk of further port stoppages, but the congestion backlog will keep Canadian export containers slow to clear for several weeks.
cnbc.comLori Ann LaRoccoAug 5, 2023Not 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.
