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The union announced an unlimited strike at the Port of Montreal, including the Contrecoeur terminal, starting April 26 at 7:00 a.m. The Canadian International Freight Forwarders Association said a slowdown over the prior two weeks had already built a growing port backlog.
An indefinite stoppage at a major Canadian port means shipment backlogs and higher ocean freight costs, pressuring export logistics for grain and feed ingredients.
oecgroup.caApr 22, 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.
