Unionized truckers in South Korea went on strike, protesting the rising prices of gas and the minimum pay. This week, the truckers and the government reached a settlement, effectively ending the strike.
Reuters reports the unionized truckers reached an agreement with South Korea's transport ministry Tuesday, ending the nationwide strike that lasted for eight days.
The strike by the truckers was related to the rising prices of gas as well as the minimum pay demands, and the strike caused a disruption of car production, a delay in shipments for semiconductors, and a shutting down of steel plants.
As one of the responses to the truckers' strike, the Transport ministry consigned around 100 cargo trucks that would be operated by the South Korean military to ship containers in and out of ports, including Busan.
The military shipped containers to and from locations mainly short distances with the ports in order to make more space.
As part of the agreement between the union and the Transport Ministry, the minimum freight rates would be extended and continued discussions to expand a guarantee of minimum pay for carrying cargo to cover additional products. The Transport Ministry will also conduct a review on expanding fuel subsidies.
"So the strike has been called off until our demands are passed in parliament," said the head of the union's Busan chapter Park Jung-hoon. "In the next two to three days, 100 percent of unionized workers are expected to return to work after they get some rest. There might be some shippers who seek retributions, and in such cases, we will respond strongly."
The interim leader of South Korea's liberal Democratic Party Woo Sang-ho, whose party currently holds the majority in the country's parliament, welcomed the agreement but noted the aspect of guaranteeing freight rates would require legislative action and called for "fundamental improvement" in order to address the conditions that workers are facing.
In a joint statement with the party committee and the union, it said the ruling political party must not stay a "mediator, but should promote directly" the minimum freight system as it is related to the safety of the people.


Netanyahu Suggests Iran’s Supreme Leader Khamenei May Have Been Killed in Israeli-U.S. Strikes
Argentina Tax Reform 2026: President Javier Milei Pushes Lower Taxes and Structural Changes
Failure of US-Iran talks was all-too predictable – but Trump could still have stuck with diplomacy over strikes
EU Urges Maximum Restraint in Iran Conflict Amid Fears of Regional Escalation and Oil Supply Disruption
U.S. Deploys Tomahawks, B-2 Bombers, F-35 Jets and AI Tools in Operation Epic Fury Against Iran
HHS Adds New Members to Vaccine Advisory Panel Amid Legal and Market Uncertainty
Trump Launches Operation Epic Fury: U.S. Strikes on Iran Mark High-Risk Shift in Middle East
Trump to Address Nation as U.S. Launches Strikes in Iran, Axios Reports
Iran Supreme Leader Ayatollah Ali Khamenei Killed in Israeli, U.S. Strikes: Reuters
Macron Urges Emergency UN Security Council Meeting as US-Israel Strikes on Iran Escalate Middle East Tensions
Trump Says U.S. Combat Operations in Iran Will Continue Until Objectives Are Met
Russia Signals Openness to U.S. Security Guarantees for Ukraine at Geneva Peace Talks
Zelenskiy Urges Change in Iran After U.S. and Israeli Strikes, Cites Drone Support for Russia
Australia Rules Out Military Involvement in Iran Conflict as Middle East Tensions Escalate
U.S.-Israel Strike on Iran Escalates Middle East Conflict, Trump Claims Khamenei Killed
Israel Launches Fresh Strikes on Iran After Death of Supreme Leader Ayatollah Khamenei
Pentagon Leaders Monitor U.S. Iran Operation from Mar-a-Lago 



