Argentina transport union announces strike

Argentina’s transportation union announced late on Wednesday (Oct. 17) night that it would go on strike next week to call for an increase in hauling rates, in a move that could disrupt the nation’s grain shipments.

More than 80 percent of the country’s agriculture production is shipped by truck to ports. As a result, the strike could also impact some port activity, although it is currently the low season for grains.

The union, Federation of Argentine Transporters (FETRA), did not say how long the strike would last.

“We need regulation that, in this time of hyperinflation, help us with a trigger clause that automatically updates the tariff,” FETRA secretary Claudio Enri told Reuters on Thursday, in reference to rates paid to truck owners based on mileage driven.

Read more on Reuters.

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