Hurricane Helene is expected to have significant effects on several industries, particularly those related to agriculture, energy, logistics, and manufacturing.
Using Exiger’s proprietary AI and advanced analytics, our team of experts ran scenarios and identified possible industry outcomes and supply chain risks stemming from the hurricane. The poultry industry and electrical steel production are among the most vulnerable sectors in the affected regions, due to their reliance on consistent infrastructure and energy access.
The findings are detailed in the full Client Alert: Hurricane Helene. Here are a few takeaways:
- Logistics and Supply Chains: The shipping and logistics industry, especially along the Eastern Seaboard and Gulf regions, will be disrupted due to port closures and delays in freight movements. This may affect industries reliant on imported goods or components, including automotive, manufacturing, and retail sectors. At present, ports in effected Florida zones are open, but intermodal railway infrastructure has taken a significant hit.
- Energy and Steel Production: Electrical grid damage will raise the need for transformer and motor repairs, driving up demand for electrical steel. However, steel mills in the path of the hurricane may experience interruptions in production due to storm damage and transportation issues.
- Poultry and Meat Shortages: Consumers in affected regions may experience shortages of poultry products as production halts in Georgia and North Carolina affect supply chains. Inventory levels are expected to drop by 15-20% in the next 7-10 days in major grocery chains.
The Client Alert also breaks down possible complications with the ILA (International Longshoremen's Association) strike, particularly for risks in critical supply chains for consumer goods, medical supplies, and building materials.
Access the full Client Alert: Hurricane Helene by providing your information in the form.
