bongdaso ìnoNews #80 - Typhoons causing billions in agricultural losses, disrupt global supply chains

27.09.2024

Weather experts say this year’s typhoon season has been bongdaso ìno most disruptive. According to Everstream Analytics, bongdaso ìno most disruptive storms this season and bongdaso ìno areas most affected have been Gaemi (Taiwan and China), Ampil (Japan), Shanshan (Japan), Yagi (Philippines, China, Vietnam), and Bebinka (China). These storms have had a significant impact on port operations.

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Jon Davis, chief meteorologist for Everstream Analytics, tells FreightWaves that along with bongdaso ìno disruptions to port operations, shipping across bongdaso ìno western Pacific has been impacted via delays and increased congestion. He warns bongdaso ìno Gulf Coast should be on high alert this week.

“bongdaso ìno Gulf of Mexico will have significant issues … as a potentially strong hurricane develops and moves northward across bongdaso ìno Gulf of Mexico impacting bongdaso ìno U.S. Gulf Coast [late this week] or over bongdaso ìno weekend of September 28-29,” Davis forecast. “bongdaso ìno ports along bongdaso ìno U.S. Gulf Coast should be on high alert for issues … .”

But these highly destructive tropical cyclones impact more than bongdaso ìno ports and ship arrivals. bongdaso ìno storms can also affect bongdaso ìno volume of bulk and freight that can be moved along bongdaso ìno waterway superhighway.

Trade takes people and can destroy bongdaso ìno products they make. bongdaso ìno world of trade is reliant on bongdaso ìno transport of products/commodities. Typhoons have impacted some of those trade volumes. For bongdaso ìno agricultural trade, Typhoons can be devastating for crops, which means bongdaso ìno bulk industry can be affected with less product to move.

According to bongdaso ìno U.S. Department of Agriculture, Taiwan’s loss of crops from Typhoon Gaemi was a whopping estimated .3 million. With bongdaso ìno addition of livestock and fish production, bongdaso ìno estimated loss exceeds million. bongdaso ìno affected area spans 23,060 hectares, with a damage severity of 27%, translating to 6,305 unharvestable hectares.

“bongdaso ìno crops most impacted include bananas, guavas, oranges, bamboo shoots, and pears. These crops were particularly vulnerable due to strong winds and heavy rains, which caused physical damage, waterlogging, and increased risk of fungal infections. Typhoon Gaemi swept through Taiwan July 24-25, 2024, causing widespread flooding and damage to agriculture particularly in bongdaso ìno Southern part of Taiwan,” said bongdaso ìno USDA report.

Taiwan is bongdaso ìno United States’ sixth-largest export market for U.S. food and agricultural products, according to bongdaso ìno USDA.

bongdaso ìno other known fact of typhoons is bongdaso ìno devastating impact of bongdaso ìno gale-force winds and heavy rain. Industrial production can be halted for weeks, there are mass evacuations, and casualties are reported. Airports close. Inland transportation and cargo storage can be impacted if railway services are ever halted or if there is flooding and damage to bongdaso ìno road and rail networks. On bongdaso ìno water, ports are closed, vessels are anchored, and port congestion increases.

But even with this turmoil, Ilya Preston, CEO of Paxafe, says navigating bongdaso ìno turbulent typhoon risk is not always clear, and it’s important to quantify bongdaso ìno risk across your mitigating options.

“You have to ask yourself, how are my 2nd and 3rd route options performing recently and have I made bongdaso ìno best packaging decisions on this route?” said Preston. “Are there cost or CO2 considerations which could influence my decisions? These are bongdaso ìno types of questions that need to be asked and answered quickly and can have an enormous impact on how shippers fare during weather-related disruptions. Data generated by today’s supply chains allow for enterprises to quickly assess many complex decision factors and make bongdaso ìno best fact-based decision each time.”

bongdaso ìno Intergovernmental Panel on Climate Change (IPCC), bongdaso ìno United Nations body assessing bongdaso ìno science related to climate change, has warned that while bongdaso ìno number of tropical cyclones around bongdaso ìno world is unlikely to increase, a storm’s intensity may increase as bongdaso ìno world warms.

So, what does this mean for shippers? You need to make sure you have a strong business continuity plan and build your supply chain resilience. bongdaso ìno climate challenges facing bongdaso ìno world have created many bottlenecks worldwide.

Typhoon Yagi-related economic losses in Vietnam are in bongdaso ìno billions. bongdaso ìno Red River Delta — a vital agricultural region for Vietnam, is also bongdaso ìno location of manufacturing hubs. In Myanmar, bongdaso ìno U.N.’s World Food Program said bongdaso ìno deadly floods bongdaso ìno Typhoon created were bongdaso ìno worst in bongdaso ìno country’s recent history.

These storms impact bongdaso ìno entire ecosystem of trade. bongdaso ìno recovery from bongdaso ìno storms is vital to a thriving logistics world.

Source: https://www.freightwaves.com/news/typhoons-causing-billions-in-agricultural-losses-disrupt-global-supply-chains

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