Remove Dominican Republic Remove Shipping Remove Sourcing
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Hurricane Harvey & Irma's Threat on the Product Economy

Elementum

Less damages were recorded in Haiti and the Dominican Republic; however, a major bridge on the island was reportedly destroyed. Petrochemical plants that make the products and the rail companies that ship them are still restoring service after Harvey. Or worse, some may move its operations to other states/country.

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Investing in regional supply chains

Resilinc

Shipping by land can be less costly and more efficient than the ocean shipping from Asian countries on which the U.S. The investment reflects Parkdale’s assessment that brands and retailers want to redesign their sourcing strategies to mitigate the supply chain disruptions that became so formidable during the pandemic.