• Port Strikes in Chile End

    According to Reuters, the port strikes in Chile ended last week as port dockworkers reached an agreement with Port Workers Front (FTP) and the director of the Puerto Central (PCE) company and returned to work. The strikes at the Chilean ports were for better working conditions and to protest police brutality.

    The three week strike affected Chile’s fruit and copper exports causing losses in the millions of dollars.  Many fruit exporters have faced the loss of spoiled fruit as a result of the port strikes. These losses are compounded by the frost Chile experienced at September, affecting the harvest production.

    Although the stevedores have returned to work, there may be delays as workers work through the backlog at the ports. Importers and exporters should plan for delays in transit time as containers move through the Chilean ports.

    More from Reuters