Striking truck drivers halt South Korean economy

Seoul—The week-long truck drivers’ strike in South Korea over fuel costs and wages ends delivery method In one of Asia’s export powerhouses.

Thousands of truck drivers are refusing to drive, while deliveries by working truck drivers have been thwarted by protesters – shutting down steel plants, disrupting car production and delaying shipments of raw materials needed for semiconductors . The Ministry of Trade, Industry and Energy said on Monday that the past one week has cost major industries about 1.6 trillion won, the equivalent of about $1.2 billion.