Close Menu
  • Homepage
  • Local News
  • India
  • World
  • Politics
  • Sports
  • Finance
  • Entertainment
  • Business
  • Technology
  • Health
  • Lifestyle
Facebook X (Twitter) Instagram
  • Contact
  • Privacy Policy
  • Terms & Conditions
  • DMCA
Facebook X (Twitter) Instagram Pinterest
JHB NewsJHB News
  • Local
  • India
  • World
  • Politics
  • Sports
  • Finance
  • Entertainment
Let’s Fight Corruption
JHB NewsJHB News
Home»Finance»GM, Ford will reroute Baltimore shipments after bridge collapse
Finance

GM, Ford will reroute Baltimore shipments after bridge collapse

March 26, 2024No Comments2 Mins Read
Facebook Twitter Pinterest LinkedIn Tumblr Email
GM, Ford will reroute Baltimore shipments after bridge collapse
Share
Facebook Twitter LinkedIn Pinterest Email

By David Shepardson

NEW YORK (Reuters) – Basic Motors and Ford Motor will reroute affected shipments on Tuesday after a bridge collapse within the U.S. shuttered the Port of Baltimore, however the corporations stated the affect shall be minimal.

“We count on the state of affairs to have minimal affect to our operations. We’re working to re-route any car shipments to different ports,” GM stated in a press release.

The Port of Baltimore is the busiest U.S. port for automotive shipments, dealing with a minimum of 750,000 automobiles in 2023, in accordance with knowledge from the Maryland Port Administration. Motor automobiles and components accounted for 42% of all Baltimore port imports.

Ford Motor Chief Monetary Officer John Lawler stated on Tuesday the bridge collapse, which occurred after a container ship smashed into the four-lane bridge early on Tuesday, will drive the automaker to divert components to different ports and affect its provide chain.

“It is going to have an effect,” Lawler informed Bloomberg Information. “We’ll must divert components to different ports… It should in all probability lengthen the availability chain a bit.” Ford informed Reuters in a separate assertion “the place workarounds are vital within the brief time period, our staff has already secured transport options.”

Rescuers have pulled out two survivors, one among whom stays hospitalized, and have been trying to find extra within the Patapsco River after big spans of the 1.6-mile (2.57 km) Francis Scott Key Bridge crumpled into the water.

Volkswagen Group of America stated it was not impacted as a result of its Baltimore facility is situated on the easterly sea board of the bridge collapse.

(Reporting by David Shepardson; Enhancing by Josie Kao)

Source link

Baltimore bridge collapse Ford reroute shipments
Share. Facebook Twitter Pinterest LinkedIn Tumblr Email

Related Posts

Blue Owl Capital Eyes Minority Investment in Cleveland Cavaliers, Bloomberg Reports

July 1, 2026

Borr Drilling (BORR) Director Buys $5.0M in Shares

July 1, 2026

China-linked actors target more than technology as AI competition with U.S. intensifies

July 1, 2026

BMO Capital Upgrades American Homes (AMH) to Outperform

July 1, 2026
Add A Comment
Leave A Reply Cancel Reply

Editors Picks

Once a target of racist chants, Mexico’s Quiñones is now hero-worshipped

July 1, 2026

Taylor Accused of Making ‘PR Distraction’ To Keep Wedding Spot a Secret

July 1, 2026

Google Pixel Watch 5 LTE Model Confusion Explained

July 1, 2026

Blue Owl Capital Eyes Minority Investment in Cleveland Cavaliers, Bloomberg Reports

July 1, 2026
Popular Post

BJP gains in Bengal rural polls, but losses in strongholds call for relook at strategy ahead of 2024

1 Other Unstoppable Semiconductor Stock to Buy Instead

Jimmy Kimmel Slams This ‘Beyond Nonsensical’ Explanation For ‘Late Show’ Cancellation

Subscribe to Updates

Get the latest news from JHB News about Bangalore, Worlds, Entertainment and more.

JHB News
Facebook X (Twitter) Instagram Pinterest
  • Contact
  • Privacy Policy
  • Terms & Conditions
  • DMCA
© 2026 Jhb.news - All rights reserved.

Type above and press Enter to search. Press Esc to cancel.