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Top related persons:
Eric Byer - 3 Byer - 3 Vancouver and Prince Rupert - 2 Destine Ozuygur - 2 Oscar Munoz - 1 Mary Winston - 1 Northrop Grumman - 1 " Munoz - 1
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Canada Port of Vancouver Vancouver U.S West U.S . West Coast British United States
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Railway Association of Canada - 3 CNBC - 3 Port - 3 National Association of Chemical Distributors - 2 U.S . - 2 Association of American Railroads - 2 Canadian - 2 Canada's Labor - 2

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5 mentions found


☆ Corporate directors group offers 10 recommendations for strengthening boardroom culture
  + stars: | 2023-09-29 | by ( Sarah Whitten | ) www.cnbc.com   time to read: +1 min
A rise in shareholder activism and regulatory demands has forced company boards to adapt — and fast. That's why the National Association of Corporate Directors spent the last six months examining the role that culture can play in a board's success. Led by Oscar Munoz, former CEO of United Airlines, and Mary Winston, a director at Acuity Brands, Chipotle, Northrop Grumman and TD Bank Group, the NACD Blue Ribbon Commission drafted a collection of recommendations to help boards strengthen their culture and performance. "Boards have long expected management to take ownership of the values, beliefs, behaviors, and norms that make up the culture within an organization," Munoz said in a statement. "Now, it's time for directors to turn inward and embrace that same sense of ownership — but of their own boardroom culture."
Persons: Oscar Munoz, Mary Winston, Northrop Grumman, " Munoz Organizations: National Association of Corporate, United Airlines, TD Bank Group, Ribbon Commission
☆ Rail freight from Canada to U.S. continues to drop after ports strike
  + stars: | 2023-07-27 | by ( Lori Ann Larocco | ) www.cnbc.com   time to read: +5 min
Last week, total rail volume from Canada to the U.S. was down 12%, according to The Association of American Railroad's latest rail traffic report for the week ending July 22. This was an improvement given the first full week of the strike saw a 46% decrease in rail trade from Canada, and the second week suffered a 36% decrease. Rail traffic from Canada into the U.S. had a third-straight weekly drop as a result of the on-again, off-again strike at the West Coast Canadian ports. When the first strike ended on its thirteenth day, delays for rail containers were estimated at 39 to 66 days. Adding another day with the on-again, off-again strike last week, brings the congestion removal tally up to 42-70 days.
Persons: Port of Prince Rupert, Doug Macdonald, Rupert, Blaine Davidson, Terri Shimensky, Shimensky, Eric Byer, Byer, NACD Organizations: The Association of American, West Coast, Railway Association of Canada, CNBC, The Railway Association of Canada, Port, National Association of Chemical Distributors, CN, U.S ., Railroads, Canada, Association of American Railroads Locations: Canada, Port of Vancouver, Port of, Vancouver, Ohio, of Long, U.S . West Coast, U.S, Chicago, West
☆ Canadian West Coast ports strike to be decided in all-union vote on Tuesday
  + stars: | 2023-07-21 | by ( Lori Ann Larocco | ) www.cnbc.com   time to read: +4 min
The fate of operations at West Coast ports in Canada will be decided on Tuesday, July 25, when rank-and-file members of the International Longshoremen and Warehouse Union Canada will vote on a tentative deal with port ownership. The plan to send the deal to a full union vote comes after a week of confusion and turmoil at the ports. For the vote, work will stop from 8 a.m.-4 p.m. Pacific Time on Tuesday across all ports. Weekly rail trade data aggregated by the American Association of Railroads reveals a total decrease of 82.4% in rail trade over the course of the 13-day strike. When the first strike ended on its thirteenth day, delays for rail containers were estimated at 39 to 66 days.
Persons: Seamus O'Regan, Vancouver and Prince Rupert, Eric Byer, Byer, Destine Ozuygur Organizations: Warehouse Union Canada, Canadian, British Columbia Maritime Employers Association, Canada's Labor, Logistics, CNBC, American Association of Railroads, Railway Association of Canada, Port, U.S . Trade, U.S, The National Association of Chemical Distributors, Canadian National Railroad, Government, Trade Locations: West Coast, Canada, British, Vancouver, U.S, Port of Vancouver, West, United States, eeSea
☆ Canadian port workers back on strike after voting down government-brokered deal, returning supply chain to 'turmoil'
  + stars: | 2023-07-19 | by ( Lori Ann Larocco | ) www.cnbc.com   time to read: +9 min
Photographer: Ben Nelms/Bloomberg via Getty ImagesThe supply chain is in turmoil again with International Longshore & Warehouse Union West Coast Canada members walking off the job after a key union caucus voted down a tentative deal that had temporarily ended the West Coast ports strike last week. Rob Ashton, president of the ILWU Canada, said in a statement that it did not believe the recommendations had the ability to protect union jobs. His group estimated that the first strike would cause an average 6-8 weeks of supply chain disruption before conditions would return to normal. The National Association of Chemical Distributors told CNBC some chemical companies are expected supply chain congestion until October as a result of the strike. Critical chemicals that go into food, cleaning, water purification, and personal care, among many others, flow through the West Coast ports of Canada and down to the United States.
Persons: Prince Rupert, of Prince Rupert in Prince, Trudeau, He's, Kinder Morgan, Ben Nelms, Rob Ashton, Seamus O'Reagan, " O'Regan, Steve Lamar, Lamar, Vancouver and Prince Rupert, Destine Ozuygur, Ozuygur, Eric Byer, Byer, HLS, Captain Adil Ashiq, Ashiq, Paul Brashier, BCMEA Organizations: Prince Rupert Grain Ltd, Canadian, Enbridge Inc, Kinder, Kinder Morgan Inc, Bloomberg, Getty, Warehouse Union, Coast Canada, British Columbia Maritime Employee Association, Canada's Labor, Canada's Transport, Canada Industrial Relations Board, Logistics, CNBC, American Apparel and Footwear Association, Railway Association of Canada, U.S, Port, HLS Shipping, Association of American Railroads, National Association of Chemical Distributors, Canadian National Railroad, Government, ., U.S ., ITS Logistics Locations: of, of Prince Rupert in Prince Rupert, British Columbia, Canada, Petroliam Nasional, West, British, Vancouver, U.S, Port of Vancouver, eeSea, United States, . West Coast, East Coast, China, U.S . West Coast, U.S . East Coast, North America, East, Asia
☆ Future-Proofing the Board of Directors
  + stars: | 2023-05-01 | by ( ) www.reuters.com   time to read: +29 min
Governance structures and practices should position the board to provide objective judgment and active oversight supported by board leadership, which is separate from and independent of company management. The board should design governance structures and practices that support it in determining board priorities, agendas, and information needs. The board should create governance structures and practices that ensure that directors are competent, committed, and diverse and that board and committee composition align with the company’s changing needs. Developing and supporting a positive and ethical corporate culture (see Corporate and Board Culture below). Corporate and Board CultureA strong board and corporate culture is imperative for a company’s success.
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