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Striking Truckers Stall South Korean Economy
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wsj.comSEOUL—A weeklong trucker strike in South Korea over fuel costs and wages is tying up supply chains in one of Asia’s export powerhouses.
Thousands of truckers are refusing to drive, while deliveries by truckers who are working have been thwarted by protesters—shutting steel plants, slamming car production and delaying shipments of raw materials needed for semiconductors. The cost to key industries over roughly the past week comes to about 1.6 trillion won, equivalent to about $1.2 billion, the Ministry of Trade, Industry and Energy said Monday.
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