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Inflation

South Korea trucker strike enters 3rd day; supply chain risks grow

Drivers demand relief, say fuel costs almost as much as their monthly pay

The strike has left these Kia Motor cars parked and waiting to be transported.   © Reuters

SEOUL (Reuters) -- Thousands of South Korean truckers were on strike for a third day on Thursday to protest the sharp surge in fuel costs, disrupting production, hitting port activity and posing new risks to a strained global supply chain.

Presenting President Yoon Seok-youl, in power for just a month, with one of his first big economic challenges, about 7,200 members or roughly 30% of the Cargo Truckers Solidarity union were on strike, the country's transport ministry said.

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