South Korean truckers' strike and the impact on industry

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Impact of strike by South Korean truckers on autos, steel, others

, protesting over pay as fuel costs surge, disrupting production, slowing port operations and posing new risks to a strained global supply chain.Autos

Several hundred truckers staged a weekend sit-in outside Hyundai's Ulsan complex but did not block vehicles from going in or out, a Reuters witness said. Samsung Electronics Co Ltd and SK Hynix Inc , two of the world's biggest memory chip makers, declined to comment. Truckers blocked the entry to work sites of Hanil Cement Co Ltd and Sungshin Cement Co Ltd in Chungcheong province, news agency Newsis reported. The companies plan to boost shipping by train to minimise the impact, it said.

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