From Amazon warehouse to port strikes, shippers and the DOT are preparing for an unpredictable 2025 [CNBC]
Union Pacific Corporation (UNP)
Last union pacific corporation earnings: 4/23 08:00 am
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Source: CNBC
Amazon warehouse workers led by the Teamsters are striking during the holidays, while East Coast and Gulf ports could be brought to a new standstill by a strike in mid-January. The Biden administration's Department of Transportation implemented a real-time freight data platform after Covid, FLOW, which now tracks 75% of all container imports. “We're scratching the surface of what can be done here,” Biden DOT official Andrew Petrisin told CNBC of the government work with major retailers and shippers to stay ahead of shipping congestion, which could be set for changes under the Trump administration. The Amazon warehouse strikes are the latest supply chain headwind facing companies this holiday season, and labor battles — which have been a prominent feature of trade disruptions this year — will contribute to “another year of disruption” for global shipping in 2025. The worker actions at Amazon organized by Teamsters union members come just weeks ahead of another possible strike by
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UNP
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- 10/24/24 - Miss
UNP
Sec Filings
- 12/13/24 - Form 4
- 12/12/24 - Form 4
- 12/12/24 - Form 4
- UNP's page on the SEC website