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RESILINC In The News – < 1 MIN READ

Supply Chains Are Buckling Down for a Record Storm Season and Other Disruptions

SupplyChainBrain Logo

SupplyChainBrain

Sep 09, 2024

Despite a temporary lull, this hurricane season is shaping up to be one of the worst on record, as storm after storm pummels large swaths of the country. In the Gulf of Mexico and Atlantic Ocean, Beryl reached Category 5 — meaning a windspeed of 157 miles per hour or higher — while Debby, a “mere” Category 1, brought heavy rains to Florida and placed some 17,000 manufacturing and distribution sites at risk, according to risk-management service Resilinc. The latest parade of storms threatens to cause additional disruptions at the advent of the year’s peak shipping season.

All of which should come as no special surprise to supply chain managers, who scramble to minimize the impacts of storm season from year to year. Recall the “three I’s” of recent years: Ida in 2021, resulting in a 20% drop in service levels in the truckload market; Ian in 2022, with a 200% increase in export dwell time, and Idalia in 2023, causing a 43% rise in import dwell time, all according to project44, provider of a software platform for global supply chain management.

Read the full article

Keep Reading

ISM Institute of Supply Management logo
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  • News Article
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Join the ranks of successful companies that rely on Resilinc to proactively protect their supply chain, safeguard their balance sheet, and gain a competitive edge.

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Join the ranks of successful companies that rely on Resilinc to proactively protect their supply chain, safeguard their balance sheet, and gain a competitive edge.

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