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The long-running labor dispute at APM Terminals Gothenburg, Scandinavia's largest container hub, has intensified with an overtime ban and planned layoffs. APMT is reportedly seeking to permanently lay off 30 of its 440 full-time employees amid strikes and blockades.
Container disruption at a major Nordic hub can delay shipments and raise freight costs for feed ingredients moving through the port, though the effect on grain and oilseed prices is likely minor.
joc.comBruce Barnard, Special CorrespondentJan 11, 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.
