Day: October 13, 2024

From Storms to Shortages: The Ripple Effect of Extreme Weather on Prices

Extreme weather events, from hurricanes and floods to droughts and wildfires, can have a profound impact on global supply chains. As these events become more frequent due to climate change, businesses and consumers alike are feeling the effects. Supply chains, which rely on predictable transport routes, labor, and infrastructure, are particularly vulnerable to weather disruptions.