Fair 24°
Tag:

Supply Chain

Business
East Coast Ports Dodge Shutdown As Dockworkers Reach Tentative Six-Year Deal East Coast Ports Dodge Shutdown As Dockworkers Reach Tentative Six-Year Deal
East Coast Ports Dodge Shutdown As Dockworkers Reach Tentative Six-Year Deal Dockworkers and port companies have come to a tentative agreement on a new six-year deal, avoiding another work stoppage that would cause major shipping disruptions along the East Coast. The International Longshoremen’s Association (ILA) and United States Maritime Alliance (USMX) announced the tentative agreement in a joint news release at night on Wednesday, Jan. 8. The deal aimed to avoid another potential strike on Wednesday, Jan. 15. The ILA and USMX agreed to extend the current master contract until ILA representatives can convene for a ratification vote and USMX members can final…

SHARE

by Chris Spiker
Business
Nissan, Honda Eye Potential Merger Nissan, Honda Eye Potential Merger
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…

SHARE

by Joe Lombardi
Business
Deal At The Docks: Port Workers Back On The Job After Three-Day Strike Deal At The Docks: Port Workers Back On The Job After Three-Day Strike
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…

SHARE

by Zak Failla