Union: South Korea Truckers Go On Strike Again, Supply Chains At Risk

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Unionised truckers in South Korea kicked off their second major strike in less than six months on Thursday (November 24), threatening to disrupt manufacturing and fuel supplies for industries from autos to petrochemicals in the world’s 10th-largest economy.

With fuel costs soaring, the truckers are calling on the government to make permanent a minimum-pay system known as the ‘Safe Freight Rate’ that is due to expire by the end of the year, and to expand benefits for truckers in other industries, including oil tankers.

Lead organiser, the Cargo Truckers Solidarity Union (CTSU) has warned the strike could stop oil supplies at major refineries and transport at major ports and industrial plants