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Montreal longshore workers plan a 40-hour strike at two marine terminals starting Thursday afternoon. Employers say the walkout came as a surprise and that they must consider options beyond negotiating a contract.
The strike comes amid ongoing labour talks.
A strike at Montreal terminals could delay container and bulk exports from eastern Canada, including grain. The short duration limits the likely price impact.
joc.comMark Szakonyi, Executive Editor }Jun 30, 2020Not enough comparable past events yet for a historical read.
Not enough comparable past events yet for a historical read.
After 823 past logistics events, Wheat (SRW) moved a median -0.2% over 5 sessions (46% higher; middle half -1.5% to +1.2%), and -0.1% over 20.
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.
