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Unifor issued a 72-hour strike notice on behalf of about 200 container truckers at two carriers serving the Port of Vancouver, with a walkout set for Friday. Talks with Aheer and Prudential had failed to produce new agreements over health benefits and detention pay.
The port was already dealing with over 50 ships waiting to dock after the rail outages.
A strike would have added to the port's existing backlog, delaying grain and oilseed shipments and raising freight costs. Because the threat was later resolved, the price effect was limited.
dredgewire.comPaul BluemnerDec 1, 2021
freightwaves.comFreightwaves AuthorNov 29, 2021Not 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.
