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DB Cargo UK, which holds about 50 percent of British rail freight, is in talks with unions to avert a strike. The dispute centers on a planned intermodal joint venture with Maritime Transport Group.
The article links the threat to wider cargo disruption from Brexit.
A UK rail strike would disrupt movement of bulk feed ingredients and finished feed between ports and inland users, adding cost and delay. The effect on world feed prices is small because the UK is a modest feed market and the threat is not yet a strike.
joc.comGreg Knowler, Senior Editor Europe }Mar 29, 2019Not 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.
