STRIKING truck drivers in south Korea reached an agreement with the government, ending a weeklong strike that added to the strain on global supply chains, Bloomberg reports.
The truck drivers will immediately resume work after agreeing to extend a freight rate system that guarantees minimum wages, according to a statement from the Cargo Truckers Solidarity division of the Korean Public Service and Transport Workers Union.
Under the agreement, the transport ministry will provide subsidies to alleviate pressure on surging fuel costs, according to the statement. The union was demanding the extension of the freight rate system to help drivers cope with rising fuel prices.
SeaNews Turkey
The truck drivers will immediately resume work after agreeing to extend a freight rate system that guarantees minimum wages, according to a statement from the Cargo Truckers Solidarity division of the Korean Public Service and Transport Workers Union.
Under the agreement, the transport ministry will provide subsidies to alleviate pressure on surging fuel costs, according to the statement. The union was demanding the extension of the freight rate system to help drivers cope with rising fuel prices.
SeaNews Turkey