At 10:40pm (KST) on 14 June, the Korean Public Service and Transport Workers’ Union Cargo Truckers’ Solidarity Division (KPTU-TruckSol) reached an agreement with the South Korean Ministry of Land Infrastructure and Transport (MoLIT) on the continuation of the Safe Rates system. According to the agreement, the MoLIT has promised to “continue to propel forward the Safe Rates system and discuss expansion to other freight types.” In response, KPTU-TruckSol suspended its national strike, which began a just over a week ago on 7 June.
Press release: KPTU-TruckSol Reaches Agreement with the MoLIT during 5th Round of Negotiations. - TruckSol and the MoLIT agree to continue to propel forward the Safe Rates system - TruckSol carried out the 5th round of negotiations with the MoLIT from 20:00 to 22:40 on 14 June. - Participants: (MoLIT) Yoon Jinhan Transport Logistics Department Secretary, Gu Hyeonsang Logistics Policy Director, Park Jinhong Logistics Industry Director, Jo Taeyeong Safe Rates Team Leader