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A daily shipping roundup reports that Air France Cargo and Delta Cargo faced delays at Paris Charles de Gaulle after staff strikes, and that Air France cancelled Hong Kong cargo flights. It also reports a record 96 container ships waiting to dock at the Southern California ports, and that the Vancouver truckers' strike was averted.
Port and airfreight congestion in several major hubs raises shipping and logistics costs and slows the movement of goods. The effect on feed commodity prices is indirect.
oecgroup.caDec 6, 2021Not 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.
