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Dozens of Portland longshore workers with ILWU Local 8 staged a two-day unfair labor practice strike at Terminal 5 on Dec. 6.
They are protesting a $15 million lawsuit that Japan-based Pacificor, which owns Columbia Export Terminal, has pursued for three years against 150 local grainhandlers. The union says the suit was thrown out by federal courts.
A labor dispute at a Portland grain export terminal can slow outbound grain loadings from the Pacific Northwest, but the action was short and the effect on prices is likely limited.
ilwu.orgJan 7, 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.
