Rail Strike The U.S. House of Representatives is likely to vote tomorrow to block a railroad workers’ strike and/or a railroad lock out of labor. Currently, the deadline for the “cooling off” period is next Friday, 9 December, at midnight, but potentially hazardous product like anhydrous ammonia could be shut down as early as next Monday without a resolution. The vote in the House would impose the proposal reached in September through the Presidential Emergency Board (PEB) mediation guidance released in August. The Senate would likely take up the bill immediately after the House acts but would have to pass the same language for it to take effect. There are 12 railway unions; eight have accepted the contract and four have...
Weighing in on strategic realignment
WPI’s team was retained by the governing board of a U.S. industry organization to review a decision, reached by vote, to invest significant assets into the development and management of an export trading company. WPI’s team conducted a formal review of this decision and concluded that the current level of market saturation would limit the benefits of the investment. Based on WPI’s analysis and recommended actions, the board subsequently reversed its decision and undertook a strategic planning effort to identify more impactful investments. On behalf of numerous clients, WPI has not only assisted in identifying strategic paths but also advised their implementation.
Key Market Insights The broad market is locked in on this week’s Trump-Xi meeting in Beijing, but this is no longer just a trade summit. Increasingly, the meeting is becoming tied directly to Iran, energy security, and the growing global economic fallout from disruptions through the Strai...