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Coal railway workers at Aurizon in Queensland are planning strikes after pay talks broke down. The union has outlined a series of stoppages and overtime bans on the four major coal railways.
The action targets coal haulage rather than grain, so direct feed price impact is minimal. It shows general labour unrest on Australian rail lines that could affect other freight later.
reuters.comDec 13, 2018Not 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.
