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Stock impact report

Mexican truckers travel in fear as highway robberies bleed economy [Reuters (UK)]

UNITED TECHNOLOGIES (UTX) 
Last united technologies earnings: 1/28 06:30 am Check Earnings Report
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Company Research Source: Reuters
Mexican truckers travel in fear as highway robberies bleed economy | Reuters 5 Min Read PUEBLA, Mexico (Reuters) - Glancing constantly at his rear view mirror, truck driver “El Flaco” journeys the highways of Mexico haunted by the memory of when he was kidnapped with his security detail by bandits disguised as police officers two years ago. Back then, El Flaco, who spoke on condition of anonymity for fear of reprisals, was beaten, blindfolded and taken to a house near Mexico City where his captors threatened to kill him. Three days later he managed to escape and flee. Today he travels with a machete and a satellite tracking device in his cab that can pinpoint him in emergencies. Truckers covering Mexico’s vast territory often move in convoys to reduce the risk of robberies, which in 2017 almost doubled to nearly 3,000. Some drive with armed escorts traveling alongside them. Others remove the logos from their trucks. Companies like brewer Grupo Modelo, a unit of AB InBev ( ABI.BR ), Show less Read more
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