Thirteen former black and Hispanic employees filed a lawsuit against the union and its president, Sean O'Brien, alleging racial discrimination over their firings.
Calhoun has been trying to show the firm is taking the situation seriously. On a call with financial analysts, he apologized and said the company took responsibility.
Under the agreement, NS employees in Georgia, Virginia and Indiana will be able to confidentially report unsafe events they experience while being protected from potential discipline from Norfolk Southern.
The Chinese auto industry is also trending down after carmakers were forced to delay the delivery of some vehicles due to a production issue with computing units made by Huawei.
The China Electricity Council said that wind and solar energy would make up about 40% of installed power generation capacity in 2024, compared to coal's 37% capacity.
P.S. Subramaniam, a partner in the Strategic Operations and Performance practice of Kearney, explains how electronics manufacturers went from having too few materials and components on hand to too many in a very short time — and how they can do a better job of planning in the future.
Over a third of participants said that resource scarcity has led to increased costs for their businesses while another 27% said that these limitations have caused supply chain disruptions.
The move came out January 26 after a BBC documentary entitled “Boohoo’s Broken Promises” accused the fast-fashion chain of putting undue pressure on garment suppliers.
By removing bottlenecks in the supply chain, companies can reduce inventory and operating expense, while enhancing throughput and overall effectiveness.