uaw strike
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Volvo workers reject third proposed deal; company will ‘consider all options’
Striking Volvo workers voted down a third tentative agreement, prompting the exasperated truck manufacturer to “consider all options.”
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Volvo expects up to a month of chip shortage downtime
Sweden’s Volvo AB reported a record operating margin in Q1 following a warning of up to a month of downtime due to microchip shortages.
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Key freight market indicators drag down carrier pricing power this week (with video)
Weak tender load volumes and rejections this week push the index toward shippers.
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