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Rolling strikes at Hutchison Ports Australia box terminals in Sydney and Brisbane began January 17, 2019. Truck turnaround times have risen to four hours, and the disruption is expected to continue.
Container congestion at Australian ports can delay exports of containerized grain and meal and add freight cost, though bulk grain flows are less affected.
freightwaves.comFreightWaves StaffJan 18, 2019Not 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.
