News
South Korean truck drivers reached an agreement with the government on Tuesday, ending an indefinite strike that their union began on June 7 to raise freight rates to cover increases in fuel prices. The union will no longer on strike from today.
The union held a fifth round of talks with the Ministry of Land, Infrastructure and Transport (MOLIT) in Gyeonggi on Tuesday afternoon. They agreed to maintain the safe rate system under which truck drivers work to carry containers and cement and to begin discussions on the application of the system to a wider variety of commodities. The union had demanded the sunset clause for the safe rate system be abolished and that the system be enhanced to cover more items. The government also agreed to enlarge the oil price subsidy system and to support and cooperate with the union in rationalizing freight rates.
