Freight railroads averted a labor strike with an intervention from President Biden, but tensions between workers and employers continue to simmer
with an intervention from President Biden, but tensions between rank-and-file workers and their employers continue to simmer. Containers are piling up at terminals across the country, exacerbating delays and frustrating customers.
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Maersk's struggles to move freight in Canada highlight supply-chain woesMaersk's struggles to move freight in Canada highlight supply-chain woes — via financialpost Transportation Rail Economy
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MBTA safety fixes imperiled by labor crunchMBTA officials want to hire roughly 2,000 workers over the next year, an ambitious effort with ramifications for the transit system's safety, service frequency and maintenance:
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Two Philly Walmart workers sue retail giant for alleged labor violationsTwo former Walmart employees on Tuesday filed a lawsuit against the retail giant, claiming the company violated their rights to a predictable and regular schedule.
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Copper price down as growth outlook deterioratesWorries about demand in China and elsewhere due to a slowdown in growth were reinforced by rising inventories.
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Consumers shun candles, barbecue kits as budgets tightenWhether they make strawberry pound cake-scented candles or $300 brisket barbecue delivery meal kits, U.S. companies are telling investors to expect consumers to cut back on discretionary spending with inflation settling into 40-year highs. Stuck at home during the pandemic, consumers who liberally splurged on assorted goods and services may be cutting back, causing U.S. companies to re-evaluate their quarterly revenue estimates and expansion plans. Investors looking for hints to the direction the U.S. economy might take need only look at company statements predicting job cuts, delays in factory expansions and lower revenue estimates.
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Nasty family fight between Port Authority chairman, sister leads to lawsuit over police chief jobKevin O'Toole said he had nothing to do with his sister being passed over as police chief in the town where both live, but acknowledged their deteriorating relationship.
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