Shares in retail group McColl’s fall 16% on supply chain disruption
Climate change, extreme weather boost supply chain risks
Fire at Ford suppliers plant disrupts best-selling F-150, temporary layoffs expected
Dive Brief:
- Ford said it may temporarily lay off several thousand workers due to a fire which damaged a parts supplier last week. The Dearborn, Michigan plant will run out of inventory this week, leading to a halt in production, The Wall Street Journal reported.
https://www.supplychaindive.com/news/ford-meridian-lightweight-technologies-fire-temporary-layoffs/523259/
Atlanta airport takes precautions after a cyberattack on the city
Natural Catastrophes Dominate 2018 Marine Risk Landscape
Business interruption (BI) and cyber incidents interlink as the major threat for companies globally in 2018, according to the insight of 1,911 risk experts from 80 countries in the Allianz Risk Barometer 2018. However, for marine and shipping companies, natural catastrophes (34 percent), including storm, floods and earthquakes, takes the top spot – up from number four in 2017. BI tied with cyber incidents (31 percent), for the second spot followed by theft/fraud/corruption (27 percent) and fire/explosion (25 percent) to round out the top five business risks in the maritime sector for 2018. These incidents illustrate the complex nature of insurance risks as most are closely intertwined in complex loss cases.
https://www.maritimeprofessional.com/news/natural-catastrophes-dominate-2018-marine-314521
The top three business risks for 2018: Cyber, supply chain and regulatory compliance
Carillion collapse highlights the importance of insurance for suppliers
New tax plan won’t help small businesses after hurricane, wildfire, other disasters
Business interruption tops list of commercial risks
USDA issues statement on new soybean rules