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The Swedish Dockworkers' Union held an eight-hour strike at APM Terminals Gothenburg on January 24, bringing a total work stoppage at the terminal. The union says APMT has terminated the 80/20 Agreement, which will cease to be valid by mid-April, and redundancy talks over 24-30 dockworkers were scheduled to begin.
Repeated stoppages at Gothenburg add to port delays in Northern Europe, but the terminal is container-focused and unlikely to move feed commodity prices materially.
worldmaritimenews.comJan 25, 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.
