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Trade body mulls filing compensation suit against striking truckers

Economy 10:33 December 02, 2022

SEOUL, Dec. 2 (Yonhap) -- A major South Korean trade association said Friday it is considering filing a compensation suit against striking truckers over the mounting losses and damage the walkout has caused in the cement and steel industries.

The Korea International Trade Association (KITA) said it is "actively looking into" the option, as the strike, now into its ninth day, has incurred more than 1 trillion won (US$768 million) in damage as the unionized truckers continue to refuse to return to work.

The truckers went on the strike last Thursday, demanding the government make a minimum wage scheme permanent. The strike has disrupted shipments of cement and steel supplies across the country.

The government has issued an executive order on cement truck drivers to resume work or face penalties, warning it could take the same measure against truckers in the fuel and steel industries.

Damage from the strike has so far amounted to 18 billion won a day for the cement sector, with the daily shipment at around 10 percent compared with the average, KITA said.

Steel companies have suffered about 800 billion won worth of damage so far.

The petrochemical industry's per-day shipment has fallen to 30 percent of the average, which has incurred about 68 billion won in damage in a single day.

In a government response meeting earlier, Interior Minister Lee Sang-min reiterated that the government intends to expand the return-to-work order to other industries if the strike prolongs.

Since the execution order was issued, the cement shipments have recovered to about 46 percent of the daily average, according to the Ministry of Trade, Industry and Energy.

Police confront a striking union member of the Cargo Truckers Solidarity Union at the operation site of Sampyo Cement Co., in Incheon, west of Seoul, on Dec. 1, 2022. (Yonhap)

Police confront a striking union member of the Cargo Truckers Solidarity Union at the operation site of Sampyo Cement Co., in Incheon, west of Seoul, on Dec. 1, 2022. (Yonhap)

elly@yna.co.kr
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