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FreightWaves reports that the dockworker strike at West Coast Canadian ports is disrupting container cargo at Vancouver and Prince Rupert, and CN has curtailed some traffic and reduced intermodal capacity allocations to B.C. ports. CN warned that disruptions could persist for weeks or months.
Reduced intermodal capacity and blocked container flows raise freight costs and delay fertilizer and feed ingredient deliveries, supporting higher logistics-related prices.
freightwaves.comJoanna MarshJul 7, 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.
