Contract

GEFCO UK has won a multi-year contract with Suzuki GB to provide distribution services for its range of two-wheelers, all-terrain vehicles (ATVs) and marine engines. The contract begins in September and is part of the logistics services provider’s plans to continue growing its claimed market leadership in the UK two-wheeler sector. The project will see GEFCO manage collection and delivery of Suzuki products from its Milton…

United Airlines and its pilots' union are going back to the negotiating table for a new contract, a setback for the carrier after it was the first to reach a tentative agreement since the pandemic started.The United branch of the Air Line Pilots Association acknowledged Wednesday that the current agreement "fell short" of some pilots' expectations.The tentative agreement, which included 14% raises within 18 months, was first unveiled on June 24. Voting by rank-and-file pilots was set to close this Friday."Management has…

Intel has hired Suk Lee, a TSMC veteran, to lead its newly established Ecosystem Technology Office. Suk Lee will be responsible for expanding the design technology ecosystem at the Intel Foundry Services division by bringing in additional partners. Ecosystem development is crucial for the long-term success of IFS, Intel's contract chip production business. "Very excited to join Intel today," Suk Lee, vice president, Ecosystem Technology Office at Intel, wrote in a LinkedIn (opens in new tab) post (via …

Labor talks between West Coast dockworkers, cargo-handling companies and container shipping lines are entering a new, high-stakes phase with the expiration of the contract covering U.S. seaports from Washington state to Southern California.With both sides remaining far apart on issues including pay and automation, the multiyear contract was due to end late in the day on Friday, raising fears over the potential for disruptions at major American gateways for trans-Pacific trade, including the country’s busiest container…

Pilots talk as they look at the tail of an American Airlines aircraft.Mike Stone | ReutersAmerican Airlines CEO Robert Isom on Thursday said the carrier has offered its pilots pay raises totaling nearly 17% under a new contract, according to an internal video seen by CNBC.The latest proposal to the pilots' union, the Allied Pilots Association, comes less than a week after rival United Airlines and its pilots' union reached a tentative agreement that includes more than 14% in total raises within 18 months, the first major…

The complaint filed with the LA Central District Court has alleged that Drucker guided Martin through "recording contracts, touring and sponsorship deals, and other professional endeavors," and cites his North American tour with Enrique Iglesias Ricky Martin. Pic/AFP Singer and songwriter Ricky Martin has been sued for over USD 3 million dollars in unpaid commissions by his ex-manager, Rebecca Drucker, suggests legal…

The board of Walt Disney said it has voted unanimously to renew Chief Executive Bob Chapek’s contract for another three years.The board’s chairman, Susan Arnold, said in a statement released Tuesday that while the company was “dealt a tough hand by the pandemic,” Mr. Chapek “not only weathered the storm but emerged in a position of strength.” The board of Walt Disney said it has voted unanimously to renew Chief Executive Bob Chapek’s contract for another three years.The board’s chairman, Susan Arnold, said in a…

Bob Chapek, DisneyJeff Gritchen | MediaNews Group | Orange County Register via Getty ImagesDisney has extended CEO Bob Chapek's contract for three years, the company announced Tuesday.Chapek's contract was set to expire in February next year, three years after he unexpectedly took the reins from Bob Iger. The board, which met Tuesday in Florida, voted unanimously to extend Chapek's tenure to July 2025."Disney was dealt a tough hand by the pandemic, yet with Bob at the helm, our businesses — from parks to streaming — not…

Valeo and the BMW Group have struck a deal meaning Valeo will provide the ADAS domain controller, sensors and software for parking and manoeuvring for BMW’s upcoming EV platform. Valeo will develop and produce the ADAS domain controller capable of managing all data flows from all ADAS sensors in BMW Group vehicles based on the “Neue Klasse” platform (BMW’s next gen EV platform, due to launch in 2025). All driving…

Leaders of United Airlines’ pilots union signed off on a tentative contract agreement that would raise pilots’ pay by more than 14% within 18 months.United Airlines Holdingsis the first major U.S. carrier to strike a deal with its pilots, and the agreement, if approved by rank-and-file members, could serve as a reference point for other airlines currently in contentious contract talks. Leaders of United Airlines’ pilots union signed off on a tentative contract agreement that would raise pilots’ pay by more than 14%…