Mexico is increasingly attracting companies’ investment and attention as firms relocate factories to get closer to U.S. consumers and avoid the difficulties caused by lengthy supply chains.
U.S. officials believe the seizure was a retaliation against a decision by the Department of Justice to force a tanker headed to China with Iranian oil to redirect to America
American’s sales growth this year has trailed its biggest competitors, in part because of a pilot shortage at its regional airline partners and delays in deliveries.
Trucking companies and congressional critics argued the rules, estimated to cost about $2,500 to $8,300 per vehicle, were too expensive, and came amid driver shortages and supply-chain woes.
The component shortages have forced Airbus to slow an ambitious output increase for the cash-cow A320. Sanctions tied to Russia’s invasion of Ukraine have also made it harder for Airbus and Boeing, too.
The courier faces the possibility of a union strike of its 330,000 workers as the company negotiates to replace a five-year labor contract that expires on July 31.