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Cyber attacks on logistics networks are rapidly increasing

Resilinc

“If a supplier has a network outage or is otherwise compromised, you can find yourself in a situation where you can’t transact business in the physical dimension,” said Resilinc CEO Bindiya Vakil in a recent webinar on the state of risk and trends in supply chain disruption for the first six months of 2021.

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Vakil: chip shortage expected to last into 2023

Resilinc

On top of the semiconductor shortages, shipping congestion and port disruptions portend a chaotic holiday shopping season. Hawaii Foreign Trade Zone’s Trade News Weekly reported last week that Chinese ports are experiencing congestion even more severe than U.S. And that may not be soon enough.

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Ho Ho No! Port Congestion and Supply Chain Delays Threaten to Disrupt Christmas

Resilinc

The recent disruptions underscore this dependency, as Yantian and the other two ports serving the Shenzhen area shipped almost 12% of the United States’ seaborne imports in 2020—a 67% year-on-year increase from 2019, according Hawaii Foreign-Trade Zone’s Trade News Weekly.

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Hurricane Florence: What We Know About the Year's First Major Storm

Elementum

Tropical storm Olivia has prompted storm warnings in Hawaii, with an expected 5-10 inches of flooding to affect the main islands. Additionally, category 2 storm Helene, currently off the coast of Africa, is expected to crawl towards Europe after losing speed.

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Hurricane Florence: What You Need to Know About the Year's First Major Storm

Elementum

Tropical storm Olivia has prompted storm warnings in Hawaii, with an expected 5-10 inches of flooding to affect the main islands. Additionally, category 2 storm Helene, currently off the coast of Africa, is expected to crawl towards Europe after losing speed.

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This Week in Logistics News (July 30 – August 5)

Logistics Viewpoints

Supply chain disruptions continue to lead to product shortages around the world. The ongoing pandemic-induced supply chain disruptions, along with the Russia-Ukraine war, limited available supplies of cocoa, edible oil, and other food ingredients. That’s all for this week.

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Hollywood’s Top 10 Supply Chain Disaster Movies

Resilinc

It’s not hard to imagine the types of supply chain disruptions that would arise in this situation, such as severely halted and constrained international trade and widespread shortages. The actual volcano also triggered a series of tsunamis as far away as South America and Hawaii.