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The Shipping Federation of Canada warns that a potential strike at the Port of Montreal is already causing importers and exporters to divert large cargo volumes. Negotiations were set to resume with mediators.
The federation says economic damage would be significant.
Diversion of cargo away from Montreal tightens container capacity and raises ocean freight costs for North American grain and feed trade.
feedandgrain.comMar 9, 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.
