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“Too Big to Fail”: 10 Things you Need to Know About El Niño

Elementum

This should keep prices low and shipping lanes open. During the 1997 El Niño, droughts in Indonesia and Argentina caused mining activity to halt, raising prices of copper, zinc, and nickel. A shorter monsoon season in Indonesia, the Philippines, and Malaysia will help miners procure more materials, used heavily in the electronics industry. Burning rainforests in Indonesia are wreaking havoc to Southeast Asian economies and air quality, impacting numerous industries.

What’s Looming for Transpacific Ocean Shipments this Peak Season?

CH Robinson Transportfolio

Reoccurring events—like the holiday season—used to provide some level of predictability to ocean shipping trends in the transpacific eastbound (TPEB) trade lane. Normally, we see a rush in ocean shipping just before the Chinese New Year (CNY). In fact, JOC.com sites many Southeast Asia countries—including India, South Korea, Taiwan, Thailand, and Indonesia—have significantly grown their imports into the United States, anywhere from 13-37% compared to last year.

El Niño May Have Your Supply Chain Partying Like It’s 1997

Kinaxis

A massive El Niño occurred in 1997-1998, unleashing record rains in California, deadly tornados in Florida, and a brutal drought in Indonesia, thus landing the term firmly on the radar (no pun intended) of millions of people around the globe. Identify Alternative Transportation Routes. For example, the Panama Canal has already restricted the size of ships permitted to pass through it due to drought conditions created by El Niño.

Panama 169