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$400-Million-an-Hour Suez Canal Snafu Heightens Importer Woes

When it’s deliver-or-die, supply chains become the lifeblood of a company. To that end, the fashion industry has embraced technology to navigate today’s hyper-complicated supply chain, with myriad solutions shaping the first, middle and last mile. Call it Sourcing 2.0.

In the latest headache for importers, ultra-large container ship MV Ever Given Evergreen ran aground Tuesday and blocked all traffic attempting to sail through the Suez Canal. A report from Everstream Analytics said the accident is already causing considerable impacts on global supply chains and the passage of critical goods, oil, chemicals, grains and other…

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