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ILWU pickets shut down work at the APL terminal in Los Angeles. The same news roundup reports Maersk weighing a large ship ordering program and US LTL truck pricing rising 4.5% in August.
Terminal stoppages and chassis shortages add to West Coast container backlogs, which can raise ocean and inland freight costs for agricultural exporters.
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.