Resolute will become a wholly-owned subsidiary of Domtar, under the auspices of the Group, and continue to operate on a business-as-usual basis under the Resolute name. The Resolute management team will remain in place at the company's headquarters. Considering the quality workforce available with Resolute and Domtar, Montreal will become an important hub for the Group's North American businesses. Furthermore, the Group plans to retain Resolute's production locations and levels of jobs.
Negotiaions for a new labor contract for more than 22,000 dockworkers at U.S. West Coast ports have failed to reach a new agreement by today’s deadline, as both sides promise to keep cargo moving until the two sides can reach a deal.
According to new data published by Container xChange, America's big container ports rank at the top of the list for demurrage and detention charges - a finding that will come as no surprise to American shippers and truckers, who have been fighting high D&D fees for years. At an average of $2,700 per box in the U.S. market, these fees add up fast.
The largest US newspaper circulations fell an average 12% in the year to March 2022, new figures obtained by Press Gazette show. The Alliance for Audited Media (AAM), shows that The Wall Street Journal and New York Times retain the largest daily print circulations in the US.
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