Caterpillar Facing Shipment Delays Due to Suez Blockage
- Extra delays could last for a week or longer, person says
- Company could airlift some parts if delays become severe
Photographer: Luke Sharrett/Bloomberg
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Caterpillar Inc., the U.S.’s largest machinery producer and one of the biggest in the world, is facing shipment delays due to the Suez Canal blockage and is even considering airlifting products if necessary.