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Maersk reports that four rail unions rejected the tentative contract, and a strike could have begun after the December 9 cooling-off period ends. The House then passed the contract with an added sick-leave provision, sending the bill to the Senate.
The risk of a national rail stoppage affecting grain and feed ingredient shipments was a key freight and logistics concern for buyers until resolved.
maersk.comMaerskDec 1, 2022Not 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.
