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A hearing began in Montreal to decide whether longshoremen can strike or employers can lock out workers if contract talks fail. The port is ramping up hiring to handle cargo growth.
Negotiations have been ongoing since September.
A possible strike or lockout at Montreal could disrupt Canadian grain and oilseed exports through the port, a risk that can lift ocean freight and export basis if it materializes.
joc.comHugh R. MorleyFeb 6, 2019Not enough comparable past events yet for a historical read.
Not 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.
