US Carriers Begin To Prepare For A Rail Strike
Almost 115,000 rail workers are set to go on strike Thursday at midnight, absent intervention from the government, as a mandatory “cooling off” period comes to a close. As negotiations…
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Almost 115,000 rail workers are set to go on strike Thursday at midnight, absent intervention from the government, as a mandatory “cooling off” period comes to a close. As negotiations…
Goldman Sachs chief economist Jan Hatzius says while railroad stroke could definitely have an effect on the economy, it would not be a Black Swan event. In an interview, Hatzius…
One week prior to the deadline in their drawn-out labor negotiations, major US railroads issued a statement Friday saying they are now beginning preparations for a possible strike and service…
Reuters is reporting that the White House emergency board working to help unions and major freight railroads breakthrough a contract negotiation stalemate has proposed on Tuesday that union workers be…
On Friday, the level of the Rhine river fell to a new low which will halt the flow of large amounts of critical river traffic. It has dealt a fresh…
According to Union Pacific’s CEO, the rail line is still locked in negotiations for a new labor contract with rail workers and freight railroads, and they are not anywhere near…
Revenues for Egypt’s Suez Canal hit $7 billion in the financial year to June 30 – a record high that was 20.7% up from the previous year. A statement from…
Although most shippers have decided to eschew Russian oil shipments for political reasons, business reasons, or out of difficulty in finding necessities like insurance or other shipping services, a few…
Supply chains are under threat once again, as a critical west coast dockworkers union contract expired on Friday, and the union and the U.S. West Coast Ports look to come…
FedEx Corp issued a stronger than expected full year forecast as it announced that quarterly earnings had risen. The rise was attributed to adopting a selective policy on which shipments…