New Disruptions, Geopolitics Hang Over 2024 Supply Chains

null By Paul BergerUpdated Jan. 2, 2024 5:54 pm ETMediterranean Shipping’s ‘MSC Loreto’ is among a slate of ultra-large new containerships entering service in a beleaguered wing of global trade. Photo: koen van weel/ShutterstockCompanies that assembled new supply chain strategies in the wake of the Covid-19 pandemic are having to put those plans into practice far faster than they may have thought possible.Global supply chains are entering 2024 roiled by disruptions at two of the world’s crucial trade corridors—the Panama Canal and the Suez Canal—even as geopolitical tensions appear set to take a more prominent role in sourcing and distribution. That could potentially force countries and companies to redraw trade maps that have been built over decades. Copyright ©2024 Dow Jones & Company, Inc. All Rights Reserved. 87990cbe856818d5eddac44c7b1cdeb8Sponsored OffersExpedia: $30 Off Expedia Coupon - Save Today!Priceline: Winter Flash Offer: Extra 10% off Priceline couponWalmart: $20 Off Wa

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New Disruptions, Geopolitics Hang Over 2024 Supply Chains
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Updated Jan. 2, 2024 5:54 pm ET

Mediterranean Shipping’s ‘MSC Loreto’ is among a slate of ultra-large new containerships entering service in a beleaguered wing of global trade. Photo: koen van weel/Shutterstock

Companies that assembled new supply chain strategies in the wake of the Covid-19 pandemic are having to put those plans into practice far faster than they may have thought possible.

Global supply chains are entering 2024 roiled by disruptions at two of the world’s crucial trade corridors—the Panama Canal and the Suez Canal—even as geopolitical tensions appear set to take a more prominent role in sourcing and distribution. That could potentially force countries and companies to redraw trade maps that have been built over decades. 

Copyright ©2024 Dow Jones & Company, Inc. All Rights Reserved. 87990cbe856818d5eddac44c7b1cdeb8

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