UAW

Check Call: Call the shippers 

Welcome to Check Call, our corner of the internet for all things 3PL, freight broker and supply chain. Check Call the podcast comes out every Tuesday at 12:30 p.m. EDT. Catch up on previous episodes here. If this was forwarded to you, sign up for Check Call the newsletter here.

In this edition: Shippers needs not met by 3PLs, UAW strike expands, and subscription boxes take hold. 

(Image: makeameme)

Got a great relationship with shippers? They are completely happy with the offering from their...

https://www.freightwaves.com/news/check-call-call-the-shippers

Check Call: Another day, another possible strike  

Welcome to Check Call, our corner of the internet for all things 3PL, freight broker and supply chain. Check Call the podcast comes out every Tuesday at 12:30 p.m. EDT. Catch up on previous episodes here. If this was forwarded to you, sign up for Check Call the newsletter here.

In this edition: The United Auto Workers has its strike moment; Mexico maintains its top spot; and the FreightTech 100 list is back.

(Image: ImgFlip)

But wait, there’s more! No, it’s not an as-seen-on-TV ad, it’s another...

https://www.freightwaves.com/news/check-call-another-day-another-possible-strike

American manufacturing is coming back. So are strikes. 

President Joe Biden’s $9.2 billion electric vehicle manufacturing loan to Ford seems like a perfect meld of American interests. Announced in June, the loan to the Michigan automaker and a South Korean battery manufacturer will spur the building of three EV battery plants in the U.S. That cheerfully means eco-friendly cars and blue-collar jobs — environmentalism with a side of America First.

There’s just one problem: It’s infuriated the United Auto Workers, which represents some 400,000 Americans...

https://www.freightwaves.com/news/american-manufacturing-is-coming-back-so-are-strikes

Volvo Trucks and UAW cut another deal but workers still booing

United Auto Workers and Volvo Truck North America (VTNA) bargainers reached another tentative agreement Thursday, but early indications are the rank and file like this deal no more than one they sent down in flames earlier this week.

Details of the new pact posted on UAW Local 2069’s Facebook page include a longer contract — six years instead of five — and larger lump-sum bonuses for retirees. A 12% gross wage increase would mean hourly wages for some workers would top out at $30.92 at the end...

https://www.freightwaves.com/news/volvo-trucks-and-uaw-cut-another-deal-but-workers-still-booing

Transmission: Low inventory levels could hamper dealership sales

Happy New Year! New year, same newsletter. Here’s another awesome edition of Transmission, a twice-weekly newsletter assembled to chronicle the seismic shift in auto supplier networks as the industry goes cross-border and electric.

Tight inventory levels holding back consumer sales

Automakers across the entire industry are looking for 2021 to be the year of rebound. Sales last year were down significantly and supply chain vulnerabilities were exposed. With 2020 in the rearview, there are...

https://www.freightwaves.com/news/transmission-low-inventory-levels-could-hamper-dealership-sales

Lordstown Motors going public in reverse merger

Vice President Pence and Endurance pickup

Startup electric pickup truck maker Lordstown Motors Corp. (LMC) will go public in a reverse merger that will bring it the much-needed cash to retool a former General Motors (NYSE: GM) car plant.

The deal with DiamondPeak Holdings Corp. (NASDAQ: DPHCU) will bring $675 million to LMC at a valuation of $1.6 billion. Assuming the merger closes in the fourth quarter, LMC will trade under the ticker symbol RIDE.

“We evaluated hundreds of companies for more than a year and Lordstown stood out as a...

https://s29755.pcdn.co/news/lordstown-motors-going-public-in-reverse-merger