A truck owners’ strike in Argentina has halted unloading of commodities at various terminals and has caused a logjam of dozens of vessels waiting to load cargo in the port of Rosario, according to Reuters.
Truck owners’ action has been going on for more than a week in an attempt to force the adoption of minimum rates for hauling grains.
The work stoppage has prevented the loading of soy and corn for export. It has also slowed he unloading of beans at soy oil and meal manufacturing sites.
Argentina is the world’s leading exporter of soybeans and soymeal. Rosario is the South American nation’s main export hub.