Florence Threatens Norfolk, Impact May Be Limited By Slower Moving Supply Chains — Panjiva
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Florence Threatens Norfolk, Impact May Be Limited By Slower Moving Supply Chains

Corp - Ports 661 Corp - Shipping 608 Mode - Containerized 1005 Mode - Seaborne 1273 Theme - Disasters 60 U.S. 3297

The Virginia Ports Authority will close Norfolk from midday 9/12 at the USCG’s direction ahead of the arrival of Hurricane Florence The storm may become one of the most northerly-landing hurricanes on record. Alongside Charleston, which is also in Florence’s path and is also likely to close, the two accounted for 9% of U.S. imports in the past 12 months. The direct impact on regional supply chains depending on Norfolk’s facilities may be limited by the prevalence of slower moving products. For example furniture accounted for 15% and toys 3% of inbound containers in the past 12 mont...

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