2021 Suez Canal obstruction (impact on US supply chains)
GPTKB entity
Statements (42)
| Predicate | Object |
|---|---|
| gptkbp:instanceOf |
event impact
|
| gptkbp:affects |
gptkb:textile_industry
automotive industry agriculture industry retail industry US exporters US importers US supply chains |
| gptkbp:cause |
increased shipping costs
port congestion rerouting of some US-bound ships around Cape of Good Hope calls for supply chain diversification in US container shortages delays in apparel shipments to US delays in auto parts shipments to US delays in delivery of goods to US ports delays in e-commerce deliveries in US delays in electronics shipments to US delays in food shipments to US delays in furniture shipments to US delays in machinery shipments to US delays in medical supplies to US higher freight rates for US-bound cargo increased demand for air freight to US increased fuel costs for US importers increased insurance costs for US shippers increased lead times for US businesses increased pressure on US West Coast ports inventory management challenges for US companies inventory shortages increased demand for alternative shipping routes to US ripple effects in global logistics shipping delays supply chain bottlenecks in US supply chain risk reassessment by US companies disruption in supply of raw materials to US manufacturers |
| gptkbp:duration |
about 6 days
|
| https://www.w3.org/2000/01/rdf-schema#label |
2021 Suez Canal obstruction (impact on US supply chains)
|
| gptkbp:period |
March 2021
|
| gptkbp:relatedTo |
gptkb:2021_Suez_Canal_obstruction
|
| gptkbp:bfsParent |
gptkb:2021_in_the_United_States
|
| gptkbp:bfsLayer |
7
|