Page 20 - Freight Waves News Today

  Share Source: Tom Williams/Pool via AP Rep. Alexandria Ocasio-Cortez (D-NY) on Wednesday showed up to a picket line with a can of Cafe Bustelo and hand warmers in tow. Grocery store workers in the south Bronx are currently protesting to get a "modest raise" and AOC, of course, had to be there cheering them on. According to Freight Waves, roughly 1,400 warehouse workers at the Hunts Point Produce Market went on strike. The market is responsible for hauling in roughly 60 percent of the produc...

A great global restock is at hand, filling ships, trucks and trains, and also firing oil demand. During the depths of China’s coronavirus crisis at the start of the year, shipping behemoth A.P. Moeller-Maersk A/S reported an unprecedented number of canceled sailings as the Asian country all but shut itself off from the world. Since then, the company’s shares have surged to the brink of a record in Copenhagen. In the U.S., BNSF Railway Co., the freight giant owned by Warren Buffett, is ridin...