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The Agriculture Transportation Coalition says a three-year ILWU contract extension, awaiting ratification, is only a first step toward stable West Coast port operations. Its executive director says ports must become more competitive against foreign rivals.
He warns that buyers who shifted sourcing during the 2014-15 dispute may not return.
Continued competitive pressure on US export ports could cause buyers to keep shifting volume to other origins, which weighs on US export demand. Labour stability alone does not fix this.
dcvelocity.comDC Velocity StaffAug 1, 2017Not 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.
