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Port of Montreal checkers voted over 87 percent in favour of a renewed collective agreement on August 24. The deal reached on August 21 followed a 12-day strike, and port activities resumed on Sunday, August 23.
Resumed operations ease the backlog of diverted container traffic, which should relieve pressure on ocean freight rates. A seven-month window without strike threats further lowers near-term disruption risk.
globalnews.caAnnabelle OlivierAug 25, 2020Not 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.
