Argentina Transport Union to Strike Tuesday, March 31st

Secretary General of the UTA transport union Roberto Fernández has ratified the sector’s decision to strike on Tuesday March 31st. The unions are protesting  high taxes that are being applied to profits, and the unions want the government to raise the minimum threshold for paying income taxes. With inflation running at 35 percent annually many workers have seen their salaries rise above this threshold to expose them to taxes they previously did not have to pay while also  stripping them of social welfare benefits such as child subsidies.

While a one-day strike should not pose excessive problems to shippers, coincidentally April 1st & 2nd are holidays in Argentina. Therefore, three days will pass without normal operations, which could cause some complications and delays.

We will keep you informed of  further updates once available.