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Negotiations over a new West Coast dockworker contract are under strain after employers said a failure to stagger lunch breaks disrupted operations at the Los Angeles and Long Beach ports since Wednesday. The dispute centers on the labor contract talks.
Operational slowdowns at Los Angeles and Long Beach can delay US agricultural exports and raise ocean freight costs, a modest upward pressure on export basis and freight.
bloomberg.comLaura CurtisMar 20, 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.
