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Reuters
Reuters
Business

Explainer-How South Korea's trucker strike could paralyse critical supply chains

Unionized truckers shout slogans during their rally as they kick off their strike in front of transport hub in Uiwang, south of Seoul, South Korea November 24, 2022. Yonhap/via REUTERS

The second mass strike by unionised truckers in South Korea in less than six months on Thursday has the potential to cripple supply chains in an export-driven economy which is the world's 10th-largest.

After an eight-day strike in June cost more than $1.2 billion in lost output and unmet deliveries, here's how the latest dispute could affect various strands in the economy - and the disagreements that need to be resolved.

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