Monday, September 17, 2018 – Services continue to be impacted by tropical depression Florence which is producing widespread heavy rains over parts of North Carolina and northeastern South Carolina into Western Virginia.
While there are no coastal or warnings in effect, flash flood watches are in effect across much of North Carolina, northern South Carolina, portions of Western Virginia, southern and eastern West Virginia, central and western Maryland, central and western Pennsylvania, southern New York and southern New England.
Updates on the storm can be followed on the Weather Prediction Center, as the National Hurricane Center has issued its final update.
East Coast Ocean Terminal Operations:
- US Customs & Border Protection
- South Carolina Ports
- Hamburg Sud
- Independent Container Line (ICL)
Over the Road Carriers:
- FMCSA update
- JB Hunt
- AAA Cooper
- Southeastern Freight
- Ward Transport & Logistics
- Old Dominion
- New Penn
Logistics & Supply Chain Implications:
Hurricane Florence is expected to have significant impact on the US freight markets. This week, mid-September, is commonly regarded as the unofficial start of “peak season” for the freight markets. As retailers ramp up their supplies for the holidays, they are starting to receive import goods at the ports. These goods will cycle through freight networks and make their way into inventory starting in late October. Any disruption at the ports caused by hurricane Florence will result in delays and potential increased rates.
The east coast has some of the fastest growing ports in the United States, with Norfolk, Savannah, and Charleston all playing an increasingly important role in the global supply chain. If significant damage was to occur to infrastructure in this area is would potentially trigger more volatility and runaway spot prices in the freight markets.
Odyssey is monitoring the conditions, if you have specific questions about how this could potential impact your supply chain please reach out to your Odyssey representative or connect with an expert here.