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Rail-bound containers at Los Angeles and Long Beach averaged 7.19 days in September, up from 6.75 days in August, while truck dwell rose to 3.18 days. The watchmen strike deadline has been extended to 4 November, but the underlying labor dispute remains unresolved.
Long rail dwell and a possible labor walkout increase logistics costs and delays for West Coast export cargo, supporting freight rates and trimming near-term US export competitiveness.
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.