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Stock impact report

Hurricane Florence disrupts deliveries, threatens U.S. supply chain [Reuters]

CSX Corporation (CSX) 
Last csx corporation earnings: 4/22 04:02 pm Check Earnings Report
Company Research Source: Reuters
Hurricane Florence disrupts deliveries, threatens U.S. supply chain | Reuters 2 Min Read Sept 12 (Reuters) - Transportation companies in Georgia and the Carolinas sprinted to secure property and employees in the path of Hurricane Florence on Wednesday as disruptions to the U.S. supply chain were already being felt. BMW of North America has a plant in Spartanburg, South Carolina, nearly 300 miles (483 km) inland from the life-threatening hurricane’s projected point of landfall on Friday, and automobile shipments were diverted. “Rail cars with vehicles destined for export from Charleston have been diverted to secure holding areas until the storm passes,” BMW spokesman Kenn Sparks said. “The issue most closely monitored right now is the supply chain.” Forecasters say Florence, the first major hurricane to take direct aim at the U.S. mainland this year, could batter coastal areas with whipping winds, torrential rain and storm surges as high as 9 feet. They warned that the storm could unle Show less Read more
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