Several companies are freezing jobs due to bad weather affecting parts of the U.S.

by

Industry

Several companies, including FedEx Corp. and General Motors Co., have been hit by bone cold weather that has gripped parts of the United States, causing power outages and gas shortages.

A Federal Express truck is delivered pictured in downtown Los Angeles

PHOTO FILE: A Federal Express truck is delivered pictured in downtown Los Angeles, California October 29, 2014. REUTERS / Mike Blake



Bookmark

REUTERS: Several companies, including FedEx Corp. and General Motors Co., have been hit by bone cold weather that has gripped parts of the United States, causing power outages and gas shortages.

Rare deep frosts sweeping southern U.S. states reached northern Mexico near the three-day Presidential Day holiday weekend, leaving millions without power and driving oil prices soaring. nearly 13 months.

Package delivery company FedEx Corp. said Tuesday that bad weather was affecting its ability to pick up and deliver packages in certain cities.

General Motors Co. said it canceled the first shift product at its Spring Hill, Tennessee; Bowling Green, Kentucky; Fort Wayne, Indiana; and Arlington, Texas factories, which make some of their most profitable construction trucks and utility vehicles, including Chevrolet Silverado and Escalade.

“We will make decisions at the individual plants later in the morning regarding their production status for the 2nd shift today,” a GM spokesman said.

GM’s smaller competitor, Ford Motor Co., has halted production of its F-150 pickup trucks and transfer vans at their Kansas City assembly plant due to a gas shortage. (https://bit.ly/3bfs3Ge)

The frost also continued to wreak havoc on the U.S. power sector, halting activity at the Houston Ship channel, while several of the largest oil refineries remained offline in the largest crude production state. in the country.

The National Weather Service has said Arctic air mass was spreading south, far beyond areas accustomed to freezing weather, with winter storm warnings being issued for most of the coastal area. Gulf, Oklahoma and Missouri.

(Reporting by Shreyasee Raj, Rachit Vats and Ankit Ajmera in Bengaluru; Editing by Anil D’Silva)

.Source