Thursday, March 17, 2022

"Truckers' strike in Spain disrupts food industry"

After the jump, a couple posts from that time I was thinking of calling for a general strike.

From Reuters:

A truck drivers' strike for better working conditions has caused disruption at some supermarkets and certain industries in Spain, with dairy food producers complaining on Thursday of some supply shortages as they received less milk.

Truck drivers and small truck owners group the Platform for the Defence of Transport, went on strike on Monday demanding lower taxes and lighter regulations to improve a situation they describe as "total bankruptcy."

"Diesel is the straw that broke the camel's back," said Jose Hernandez, a representative for the Platform and a truck driver who lost his job on March 7. His company stopped operating because the fees it earned didn't cover costs....

....MORE

Izabella Kaminska has been on the fuel cost beat of late, noting effects on  both the Uber-and-other gig economy business plans and on the Italian truckers invoking force majeure due to increases in the price of diesel.

And previously on the power of truckers: 

Logistics: "Shutting It All Down: The Power of General Strikes in U.S. History"
For the last month* I've been pondering the optimal bet should a general strike interrupt transport into major urban centers.

Urban Complexity and Fragility

Sometimes people forget where their food comes from and who it is they should thank for their daily sustenance.

One of the things a risk manager is tasked with is catastrophizing possible futures and developing plans to either mitigate or hopefully, profit from the worst case scenario. Most of our readers are familiar with the more dramatic scenarios: Tokyo earthquake at magnitude 8.5 - 9.5. An electromagnetic pulse, whether caused by a coronal mass ejection or an airburst of a nuclear weapon, an underwater landslide on the order of the Storegga slide creating a megatsunami, etc. These are the better known risks.

But one of the more mundane risks is something like a general strike....

Some of the politician types should read a little more labor history and stop cashing so many of big tech's big checks.