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Longshore workers at the Port of Montreal rejected a contract offer from the Maritime Employers Association over 99% against, as an August truce expired. The union did not call a strike, but the vote signals a wide gap in talks.
Halifax is expected to take diverted vessels if a strike occurs.
A renewed strike risk at Canada's second-busiest port raises the chance of container diversions and higher ocean freight for grain and feed exports.
freightwaves.comFreightwaves AuthorMar 19, 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.
