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Wednesday, dec 25
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Supply Chain
Business
Nissan, Honda Eye Potential Merger
Two of the world's biggest automakers may soon become one. Nissan Motor Co., Ltd. and Honda Motor Co., Ltd. have signed a memorandum of understanding (MOU) to discuss a potential merger aimed at revolutionizing the future of mobility and electrification. Announced on Monday, Dec. 23, the goal is to establish a joint holding company that could significantly impact the automotive landscape, and potentially make the combined corporation the world's third-largest auto manufacturer. The merger aims to accelerate initiatives for carbon neutrality and zero traffic fatalities by pooling reso…
Business
Deal At The Docks: Port Of Baltimore Workers Back On The Job After Three-Day Strike
Ports across the East Coast are back in business - at least for now - as dock workers with the International Longshoremen's Union (ILU) reached a tentative agreement with the US Maritime Alliance (USMX) to suspend the strike until Jan. 15. Workers went on strike on Tuesday, Oct. 1 amid an ongoing and contentious negotiation with USMX, causing picket lines to form at ports from Maine to Texas. Joint Statement Regarding Master Contract The International Longshoremen’s Association and the United States Maritime... Posted by International Longshoremen's Association on Thursday, October…
Business
Port Of Baltimore Shut Down Again Amid Ongoing Nationwide Longshoremen's Strike
Just months after being reopened following the Francis Scott Key Bridge collapse, the Port of Baltimore is again closed amid an ongoing nationwide strike. The International Longshoremen's Association (ILA) went on strike this week, with workers walking picket lines from Maine to Texas, after they were unable to reach an agreement with the US Maritime Alliance on a new master contract. A deadline was set for 11:59 p.m. on Monday, Sept. 30, prompting members of the Port of Baltimore to join other members across the country in solidarity. International Longshoremen’s Association (ILA) Shu…