In recent months, we have witnessed two major supply chain disruption events. First, commercial vessels traversing the Red Sea to reach the Suez Canal—accounting for nearly 15% of global shipping traffic—have suffered from the aftermath of the Israel-Palestine conflict. Second, the Panama Canal, responsible for approximately 40% of all U.S. container traffic, is experiencing severe interruptions due to an unprecedented drought and has forced canal authorities to cut daily traffic by over 36%. These geopolitical and weather-related disruptions exemplify the vulnerabilities of global supply chai…
