The union recently claimed that carriers "are gouging their customers," alleging that it now costs $30,000 to ship a single container. Not so, says freight rate analytics company, Xeneta.
Aston Martin now expects to make 1,000 fewer cars in 2024 than it had originally projected for the year, while sales are projected to come in below 2023's totals.
Managers are also looking to reduce their risk by diversifying their supply chains, with nearly 70% planning to develop new relationships with alternative suppliers.
Nippon has promised to invest $1.4 billion in facilities with USW representation, and not conduct layoffs while the union's existing labor deal remains in place.