Predictions for Hurricane Season
Now is the time to secure supply chains through the fall for what could be an above-average hurricane season in the Gulf area. A recent article details a forecast of the 2021 hurricane season according to hurricane research specialists at Yale University. After earlier-than-anticipated Elsa surged its way across the coast, experts are predicting a […]
Global Events Will Affect Christmas Shipping
The BBC reports that supply disruptions could have an impact all the way through to Christmas of 2021, suggesting the world complete their shopping lists now in preparation. Citing the port closures in Guangdong, this, compounded by other recent shipping events such as the Suez Canal blockage and shortage of shipping containers earlier in the […]
Ports Shutting Down Due to Covid-19 Fluctuations
A recent article published by the Independent Commodity Intelligence Service (ICIS) outlines how a lack of vaccinations across the globe can further exacerbate an already grim outlook on container freight. Sighting a preexisting uneven distribution of containers throughout the world’s supply chain, it continues to persist as ports shut down due to fluctuating Covid-19 cases. […]
Shipping Crisis Developing in China
An article published by CNBC states that another shipping crisis is on the horizon. The Chinese province of Guangdong observed a sudden increase in Covid-19 cases, thus causing entire districts to shut down as they quarantine in attempts to combat the second outbreak. A major shipping hub, Guangdong accounts for approximately 24% of China’s total […]
How Reshoring May Affect Supply Chains and Jobs
The American Chemistry Council (ACC) recently released an article detailing the current state of the shipping industry. A recent study published by the Trade Partnership Worldwide notes that imports account for 21 million American jobs; an important fact to consider entering a new normal with discussions regarding reshoring, which would reduce the amount of imported […]
