Supply Chain Impact of Hurricane Milton

Hurricane Milton Supply Chain impact has been extensive affecting multiple industries, including logistics, chemicals, healthcare, and oil and gas. Delays and closure at key Gulf Coast ports, such as Port Fourchon and Port Houston affected delivery of drilling equipment and raw materials crucial for oil and gas industry. In the healthcare sector, the interruption in supply chains could affect patient care and access to critical medications. The anticipated impact of Hurricane Milton on agrochemical supplies is significant, as nearly 25% of the U.S. fertilizer capacity and 3.5 MMT of agrochemicals traded through Florida ports face disruptions due to port closures and logistical constraints. As businesses grapple with these challenges, the long-term repercussions on inventory levels and operational efficiency are becoming increasingly apparent.