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29°
Friday, dec 27
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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 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…