Freak Weather, Climate Change Are Supply Chains’ Next Headache

Climate change and extreme weather events will present ongoing challenges for global supply chains in the coming years, even as pandemic-related bottlenecks ease.

The impacts in 2021 alone of Hurricane Ida, a typhoon near Chinese ports, the Texas freeze, British Columbia flooding and freak December tornadoes across the U.S., make it clear that global trade is struggling to cope with much more than a health crisis.