Richard Mitchell News

UK Dockworkers at Major Container Port to Vote on Strike Over Pay

Hundreds of dockworkers at one of Britain's largest container ports will be balloted for strike action in a dispute over pay and conditions, a union representing them said on Tuesday, threatening disruption to supply chains.Staff from a range of sectors, including rail and aviation, have resorted to strikes as pay hikes fail to keep up with British inflation, which reached a 40-year peak of 9.1% in May.The Unite union said more than 500 dockworkers at MDHC Container Services, part of Peel Ports…

ACL Execs Satisfy Tax Withholding Obligations

American Commercial Lines Inc. (ACL) announced that shares of common stock granted to certain executives that vested on January 18, 2006 were withheld by the company to satisfy tax withholding obligations of these executives of the company. The withholding of shares is permitted in accordance with the terms of the American Commercial Lines Inc. Equity Award Plan for Employees, Officers and Directors and the American Commercial Lines Inc. 2005 Stock Incentive Plan which allow participants to satisfy their tax withholding obligations with respect to awards granted under those plans. The number of shares withheld by each executive is as follows: Mark R. Holden (President and Chief Executive Officer) – 29,149 shares withheld and W.