The National Transportation Safety Board (NTSB) has identified 68 bridges across 19 states that require extensive vulnerability assessments to determine their risk of collapse due to vessel collisions. This urgent directive follows the dramatic collapse of the Francis Scott Key Bridge in Baltimore,
In the rapidly evolving world of supply chain management, assessing and preparing for potential risks is essential for companies to maintain resilience and functionality. Everstream Analytics, a leader in supply chain risk analytics, provides data-driven insights to help businesses anticipate and
Concerns are growing around the increased risk of cyberattacks on supply chains. Our research indicates that over half of companies believe these disruptions have significantly altered the cybersecurity threat landscape, thereby heightening the risk to their business operations. Notably, two-thirds
The logistics sector is witnessing a transformative shift as firms expand their service offerings beyond the traditional realm of transportation. This evolution encompasses the management of the entire logistics cycle, from procurement and distribution to delivery and reverse logistics. While such
In the freight industry, small and medium-sized enterprises (SMEs) often face significant challenges in managing risks due to the high costs and inflexibility of traditional insurance policies. These businesses are frequently left underinsured, exposing them to substantial financial risks.
Few geopolitical flashpoints hold as much sway over global trade as the Strait of Hormuz, one of the world's most critical maritime chokepoints, notably affecting the shipping routes. A blockade in this narrow waterway could be catastrophic, with vast economic ramifications extending far