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Spot Market Rates Heat Up as Drivers Face a Winter Chill

Posted January 04, 2018

Under Economic Issues, Logistics & Supply Chain Issues

(Jennifer McKevitt – Supply Chain Dive)

Winter is sweeping upon the U.S. in the first week of January, driving supply chains to adapt accordingly.

Although cold weather is expected this time of year, the risks of logistics disruptions are not fewer. In fact, recent reports suggest extreme weather has caused roughly 29% of supply chain shutdowns or disruptions since 2012. As climate trends shift, so must resilience plans.

Fortunately, the rise of technology is facilitating logistics preparation.

Although California may have faced the most destructive wildfire season in a decade, supply chain managers handled the crises expertly by rerouting their shipments in advance or in real time. More often, now, solutions like IBM’s Operations Dashboard for drivers and dispatchers are propping up to help professionals avoid weather-related delays. Click here to read more.