Previous Close | 12.44 |
Open | 12.53 |
Bid | 0.00 x 29200 |
Ask | 13.06 x 43500 |
Day's Range | 12.52 - 13.07 |
52 Week Range | 9.63 - 15.42 |
Volume | |
Avg. Volume | 54,319,595 |
Market Cap | 51.896B |
Beta (5Y Monthly) | 1.64 |
PE Ratio (TTM) | 12.09 |
EPS (TTM) | N/A |
Earnings Date | N/A |
Forward Dividend & Yield | 0.60 (4.59%) |
Ex-Dividend Date | Feb 15, 2024 |
1y Target Est | N/A |
In the wake of the Baltimore Bridge collapse, automakers face renewed supply chain disruptions, compelling them to refine strategies for rerouting and contingency plans.
NEW YORK (Reuters) -U.S. automakers General Motors and Ford will reroute affected shipments after a bridge collapse in the U.S. shuttered the Port of Baltimore, but the companies said on Tuesday the impact will be minimal. The Port of Baltimore is the busiest U.S. port for car shipments, handling at least 750,000 vehicles in 2023, according to data from the Maryland Port Administration.
U.S. automakers General Motors and Ford will reroute affected shipments after a bridge collapse in the U.S. shuttered the Port of Baltimore, but the companies said on Tuesday the impact will be minimal. The Port of Baltimore is the busiest U.S. port for car shipments, handling at least 750,000 vehicles in 2023, according to data from the Maryland Port Administration. Ford Chief Financial Officer John Lawler said the bridge collapse, which happened after a container ship smashed into the four-lane bridge early on Tuesday, will force the automaker to divert parts to other ports and impact its supply chain.