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Shipper groups including the Agriculture Transportation Council, the National Retail Federation and the National Industrial Transportation League have voiced concern over a possible International Longshoremen's Association strike. The strike could shut East and Gulf Coast ports within 30 days.
A shutdown of major US export ports would disrupt grain and oilseed shipments and raise ocean freight costs. Export delays would weigh on US origin basis while freight rates rise.
supplychaindive.comJennifer McKevittFeb 27, 2017Not 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.
