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Unite union announced an eight-day strike at Felixstowe beginning August 21 unless last-minute talks succeed. The strike involves about 1,900 members in a dispute over a below-inflation pay offer.
The port is the UK's largest container terminal and its busiest intermodal rail freight hub.
A week-long shutdown at the main UK container gateway would reroute and delay feed and food imports, adding cost pressure on UK buyers. Impact on global feed prices should remain limited.
railfreight.comSimon WaltonAug 8, 2022Not enough comparable past events yet for a historical read.
Not enough comparable past events yet for a historical read.
After 823 past logistics events, Wheat (SRW) moved a median -0.2% over 5 sessions (46% higher; middle half -1.5% to +1.2%), and -0.1% over 20.
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.
