Daily Memo: New Disruptions to Chip and Gas Supplies
A truckers' strike in South Korea has disrupted port activity.
Trucker strike. Approximately 1,000 South Korean truckers, angry about rising fuel costs, launched a strike in front of Hyundai Motors’ largest factory complex in Ulsan. They said they plan to curb shipments of raw materials for semiconductors that are produced in the city. The strike has totally suspended movement of containers at the Ulsan port […]