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If the past few years have reinforced any ideas about the ups and downs of the port industry, one axiom still rings true: Expect the unexpected.
That’s because the unexpected is what usually causes disruption in the supply chain: it might be the COVID-19 pandemic. Or the violent incidents at the Red Sea or the drought at the Panama Canal. Most recently, the Baltimore Key Bridge collapse was yet another painful, tragic reminder of what can ― and will ― happen.
These incidents underscored the importance of resiliency in the supply chain. It’s hard to pinpoint the exact effects and just “how many ships were rerouted after the incident in Baltimore, for instance,” said Dr. Noel Hacegaba, chief operating officer for the Port of Long Beach.
Read the full article from Expansion Solutions Magazine here.
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