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The Rail, Tram and Bus Union reported that more than 100 striking Pacific National drivers vowed to keep fighting after a 48-hour stoppage that stopped coal trains to Newcastle and Port Kembla and hit grain and bulk trains across NSW. The union said bargaining with the company has made no progress after more than 30 meetings.
Ongoing rail strikes in NSW risk repeated delays to grain and bulk cargo movements, a modest upward pressure on local grain logistics costs and regional feed grain basis.
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.