A FedEx cargo plane. Leslie Josephs | CNBC The CrowdStrike software bug that crashed Microsoft operating systems and caused the largest IT outage in history caused disruptions at…
Read more Microsoft, CrowdStrike IT outage hits global supply chain, with air freight facing days or weeks to recoverThe Maersk Sentosa container ship sails southbound to exit the Suez Canal in Suez, Egypt, on Thursday, Dec. 21, 2023. Stringer | Bloomberg | Getty Images Attacks on…
Read more Red Sea crisis boosts shipping costs, delays – and inflation worriesThe top 10 things to watch Friday, Oct. 20 1. Will the yield on the 10-year Treasury breach 5% Friday, and how will markets react? U.S. stocks are…
Read more The top 10 things to watch in the stock market FridayShipping containers are loaded onto rail cars at the Global Container Terminals Vanterm container terminal on Vancouver Harbour in Vancouver, British Columbia, Canada. Bloomberg | Bloomberg | Getty…
Read more Canadian West Coast port workers vote yes to ratify a tentative deal. Railroad congestion continuesA GE AC4400CW diesel-electric locomotive in Union Pacific livery is seen near Union Station in Los Angeles, California, September 15, 2022. Bing Guan | Reuters Here are the…
Read more Stocks making the biggest midday moves: Microsoft, Alphabet, Boeing and moreCHRIS J RATCLIFFE | AFP | Getty Images Bloated warehouse inventories are an expensive pressure eating away at the bottom line of many companies, and for many, the…
Read more Inflation’s inventory gluts are here to stay and will hit the bottom line in weaker economy: CNBC Supply Chain SurveyA GE AC4400CW diesel-electric locomotive in Union Pacific livery is seen near Union Station in Los Angeles, California, September 15, 2022. Bing Guan | Reuters U.S. railroad Union…
Read more Union Pacific says it expects to name a new CEO in 2023 after hedge fund called for Lance Fritz to be replacedThe U.S. Senate on Thursday voted 80-15 in favor of a bill that would prevent a rail strike by imposing a deal on freight-rail workers, after rejecting a…
Read more Senate passes bill to prevent rail strike, rejects measure providing paid sick leaveOMAHA, Neb. — President Joe Biden on Monday asked Congress to intervene and block a railroad strike before next month’s deadline in the stalled contract talks, following pressure…
Read more ‘A rail shutdown would devastate our economy’: Biden urges Congress to head off potential strikeOMAHA, Neb. — The major freight railroads appear unwilling to give track maintenance workers much more than they received in the initial contract they rejected last week, increasing…
Read more Railroads reject sick time demands, raising chance of strikeOMAHA, Neb. — The U.S.’s third largest railroad union rejected a deal with employers Monday, renewing the possibility of a strike that could cripple the economy. B oth…
Read more Large rail union rejects deal, renewing strike possibility
