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A federal lawsuit alleges that union longshore workers at Portland's Terminal 5 inflated time sheets for more than four years. The alleged overbilling cost grain terminal operator Columbia Export Terminal more than $5 million.
This is a labour and cost dispute at a grain export terminal, with no clear effect on supply volumes. Any operational disruption would be a minor factor for US export logistics.
oregonlive.comMaxine Bernstein, The Oregonian/OregonLiveDec 19, 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.
