Remember the Ever Given? March will mark three years since the giant container ship ran aground in the Suez Canal, becoming a poster child for disruptions to the global network of supply chains. Many of those issues have been resolved but there’s still work to be done; several of the stories below outline strategies for further progress.
Also worth noting is that several risks are emerging or persisting. The driest October on record has the Panama Canal running at two-thirds of capacity. Shippers are diverting vessels from the Red Sea and Suez Canal after a series of attacks. Union Pacific leaders this week called for U.S. Customs and Border Protection officials to reopen some Mexico border crossings. And hackers have ramped up attacks on supply chains.
Supply-chain disruptions—actual and potential—look likely to remain a topic of conversation even if the pain they cause is now more chronic than acute. To help you track relevant happenings, we’re preparing to launch Market Moves Supply Chain, which will curate content from across the Endeavor Business Media universe. Look for the first newsletter next month on our subscriptions page.
– Geert De Lombaerde