Skip to content
Apply
Stories

Lessons learned: getting to the root of the Suez Canal crisis

People in this story

(Suez Canal Authority via AP)
the Ever Given, a Panama-flagged cargo ship, is pulled by one of the Suez Canal tugboats, in the Suez Canal, Egypt, Monday, March 29, 2021.

The saga of the stuck cargo ship that captured the world’s attention and spawned a legion of social media memes has largely faded from the spotlight now that the vessel has been freed. But the logjam in the international supply network may not smooth itself out for months, possibly leading to higher prices and shortages of goods.

Beyond the isolated event of a stranded ship is the larger, more urgent need to build flexibility and simplicity into complex commercial logistics, according to Northeastern faculty experts.

“The market was really pushing for more efficiency and economies of scale to drive down cost, but it wasn’t focused on what happens if some of this goes awry,” says Northeastern’s Stephen Flynn, considered one of the world’s leading experts on critical infrastructure and supply-chain resilience.

Continue reading at News@Northeastern.

More Stories

If Russia is developing some kind of space-based weapon, Putin may never get to use it. Here’s why.

02.20.2024

Minority victims die more often, and at younger ages, from violence. New research explains why “people of color are doubly victimized”

02.20.2024

Capital One and Discover merger may be a response to an adjacent concern: the Visa and Mastercard duopoly, economist says

02.21.24
Northeastern Global News