South Korea Trucker Strikes Threaten Supply Chains, Factories in Asia - Bloomberg

2022-06-16 20:04:48 By : Ms. Katrina Yu

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South Korea’s trucker strikes are threatening to disrupt wider supply chains in Asia as warehouses fill up with undelivered raw materials used to make everything from clothing to cars.

Petrochemicals have been one of the hardest hit sectors by the week-long action by truck drivers. Prolonged disruptions to logistics are likely to force South Korean companies that supply a diverse array of chemical products to cut production, impacting factories elsewhere in Asia that use the material to make consumer goods.