A powerful stream of densely moist air flowing off the Pacific Ocean is forecast to bring 3 to 6 inches of rain to a wide area from Eureka to San Francisco January 4 into January 5.
Supply chain disruption is gradually easing as demand weakens, offering shippers a chance to clear backlogs. But inland labor and equipment shortages – mainly trucks and drivers – are still causing gridlock at warehouses and store loading docks.
Winter is upon us, and with the arrival of cold weather, rising energy prices, and oil and gas supplies being impacted by geopolitical tensions, businesses once again face potential supply chain challenges.
If the big reinsurers do ultimately stop covering Russia and Ukraine marine business, shipowners might turn to insurance from Chinese or Turkish firms.
It's important to measure the impact of Russia's invasion of Ukraine on the U.S. economy, and determine which commodities are likely to be in short supply as a result.
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