Market Chatter: Ferrari Resumes Vehicle Shipments to Middle East

MT Newswires Live
Yesterday

Ferrari (RACE) has resumed vehicle shipments to the Middle East following a weeklong pause caused by logistics disruptions amid the ongoing military conflict in the region, Reuters reported Thursday, citing a company statement.

"Temporary logistical issues, due to challenges in the region, have been resolved," Ferrari reportedly said. "The company has actively managed to identify solutions, including the re-routing of sea freight and the use of airfreight where needed."

The company didn't immediately respond to MT Newswires' request for comment.

(Market Chatter news is derived from conversations with market professionals globally. This information is believed to be from reliable sources but may include rumor and speculation. Accuracy is not guaranteed.)

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