Court dismisses Yellow’s $137M lawsuit against Teamsters

A federal court in Kansas has dismissed defunct Yellow Corp.’s $137 million breach-of-contract lawsuit against the Teamsters union and its negotiating arm. The court cited the company’s failure to exhaust the grievance process established under its collective bargaining agreement with the union as the reason for closing the case. “The Court is guided by the…

Baltimore bridge collapse may cost billions, dramatically disrupt supply chains

The collapse of Maryland’s Francis Scott Key Bridge Tuesday after it was struck by a cargo ship continues to block access to the Port of Baltimore and could disrupt shipping flows across the U.S. The Singapore-flagged MV Dali container ship collided with the bridge around 1:35 a.m. on Tuesday. At least six people remain unaccounted for,…

Biden: US will pay to rebuild Francis Scott Key Bridge

WASHINGTON — President Joe Biden on Tuesday called for an all-out federal effort to respond to the Francis Scott Key Bridge collapse in Baltimore, including paying to get it rebuilt. “It’s my intention that the federal government will pay for the entire cost of reconstructing that bridge, and I expect Congress to support my effort,”…