Ford Motor Warns On Baltimore Fallout; Ford CFO Expects Supply Chain Will Be 'Lengthened' From Baltimore Bridge Collapse
Portfolio Pulse from Benzinga Newsdesk
Ford Motor has issued a warning about the potential fallout from the Baltimore bridge collapse, indicating that the incident is expected to 'lengthen' its supply chain, according to the company's CFO on Bloomberg TV.
March 26, 2024 | 4:21 pm
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Ford Motor anticipates disruptions and potential delays in its supply chain as a result of the Baltimore bridge collapse.
The collapse of the Baltimore bridge is likely to disrupt Ford's logistics and supply chain operations, potentially leading to delays in production or increased costs. Given the CFO's statement on Bloomberg TV, this event directly impacts Ford's operational efficiency and could lead to short-term stock price pressure as investors assess the extent of the disruption.
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