Striking South Korean truckers target chips, put brakes on port activity

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Some 7,500 members, or about 35 per cent of the Cargo Truckers Solidarity union, are expected to be on strike on Friday, the transport ministry said. The emergency measure was introduced during the pandemic and is due to expire in December. Police said around 30 union members have been arrested so far.

That has alarmed some observers, who say Yoon's remarks could hinder the government's ability to come up with a solution. A line of trucks parked as a protest at the Uiwang Inland Container Depot, South Korea, on June 10, 2022. PHOTO: BLOOMBERGShare prices of major companies have been little affected on the view that the firms have sufficient inventories to ride out the strike for the time being.

Among new actions, truckers plan to stop shipments of raw materials for semiconductors that are produced in Ulsan, Park Jeong-tae, a senior truckers union official, told Reuters on Friday.Park added that the number of vehicles entering a big Ulsan petrochemical complex has been cut to one-tenth of normal levels and truckers would be telling non-union truckers not to enter the complex.The union also plans more stringent strike action at other petrochemical complexes across the country.

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