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Orange Juice Prices Soar To Record Highs As Inventories Collapse
Orange Juice Prices Soar To Record Highs As Inventories Collapse We recently outlined “Orange Juice Prices Could “Increase Substantially” As Hurricane Pummels Florida’s Top Citrus Grow Region.” And that’s precisely what’s happening today. First, let’s begin with US stockpiles of cold-stored orange juice plunged by 43% in September from a year earlier — the lowest level since […]
The latest on Ian’s impact on the supply chain
The latest on Ian’s impact on the supply chain Ports, airports remain closed in wake of hurricane A section of the Sanibel Causeway was lost due to the effects of Hurricane Ian in Fort Myers, Fla. (Photo: Steve Helber/Associated Press) Thursday’s news on Hurricane Ian and its impact on various sectors of the freight industry […]
Hurricane Ian Strengthens To Powerful Category 4 As Florida Landfall Imminent
Hurricane Ian Strengthens To Powerful Category 4 As Florida Landfall Imminent Hurricane Ian strengthened into a powerful Category 4 storm expected to make landfall on Florida’s southwest coast today and then traverse central Florida and emerge in the Atlantic by Thursday. At 0500 ET, the National Hurricane Center said Ian sustained maximum winds of 140 […]
Floridians Brace For Dorian As Hurricane Weakens To Category 3
Floridians Brace For Dorian As Hurricane Weakens To Category 3 Hurricane Dorian has weakened from a Category 4 storm down to Category 3, now with winds of 120 miles per hour, but experts and officials say it’s too soon for Floridians to relax. The storm stalled over the island of Grand Bahama for a day, staying […]
“Things Are Going To Get Worse” – Florida Gas Shortages Intensify As Dorian Becomes Category 3 Hurricane
“Things Are Going To Get Worse” – Florida Gas Shortages Intensify As Dorian Becomes Category 3 Hurricane Hurricane Dorian strengthened to a Cat 3 storm Friday afternoon with 115 mph winds as Florida Gov. Ron DeSantis promised state troopers would escort trucks of fuel to areas along the east coast that could be directly in […]
“I Feel Helpless”: Bottled Water, Gas Shortages Reported As Floridians Brace For Hurricane Dorian
“I Feel Helpless”: Bottled Water, Gas Shortages Reported As Floridians Brace For Hurricane Dorian By now, this has become a familiar scene for millions of Americans, particularly those living in the southeastern states of Florida, Georgia and the Carolinas, as well as Texas and Louisiana, all of which have been rocked by major hurricanes in […]
Florida Declares State Of Emergency As Hurricane Dorian Set To Ruin Labor Day Weekend
Florida Declares State Of Emergency As Hurricane Dorian Set To Ruin Labor Day Weekend Just in time to spoil Labor Day weekend, Hurricane Dorian has barreled through the US Virgin Islands and Puerto Rico without causing much damage, and is now headed straight for the Florida coastline. After intensifying from a tropical storm into a […]
Hurricane Michael’s Impact On Gasoline Demand
Hurricane Michael’s Impact On Gasoline Demand Gasoline demand increased in the Florida Panhandle, southern Georgia, and South Carolina ahead of Hurricane Michael’s arrival to the areas, but repercussions to demand appeared to focus on rack cities in the direct path of the storm, according to our Supply Side daily rack volume data. The increased rack […]
“An Atomic Bomb Has Hit Our City”: ‘Apocalyptic’ Post-Michael Scenes From Mexico Beach
“An Atomic Bomb Has Hit Our City”: ‘Apocalyptic’ Post-Michael Scenes From Mexico Beach If the nine-foot storm surge didn’t get them, the 150+ mph winds did. As Michael, the third-most-powerful hurricane to ever make landfall in the Continental US, prepares to make its exit into the Atlantic Ocean on Friday, many residents of the Florida […]
“I Have No Words”: Aerial Footage Shows Trail Of Devastation Left By Hurricane Michael
“I Have No Words”: Aerial Footage Shows Trail Of Devastation Left By Hurricane Michael Florida search-and-rescue teams are searching for survivors after Hurricane Michael carved a path of devastation through several communities. According to FEMA administrator Brock Long, Mexico Beach “took the brunt’ of Michael’s carnage, adding “That’s probably ground zero.” “Today is a big […]
2 Dead, 700,000 Without Power As Damages From “Nightmare” Michael Top $20 Billion
2 Dead, 700,000 Without Power As Damages From “Nightmare” Michael Top $20 Billion As it moved inland over Georgia on track to hammer some parts of South and North Carolina that haven’t yet recovered from Hurricane Florence, Hurricane Michael was downgraded to a tropical storm Wednesday night. It’s expected to exit the Continent on Friday, […]
“A Once In A Lifetime Event”: Michael Will Be The Strongest Hurricane To Hit US In 14 Years
“A Once In A Lifetime Event”: Michael Will Be The Strongest Hurricane To Hit US In 14 Years Update (9 am ET): Hurricane Michael continued to strengthen Wednesday morning, as the Category 4 storm’s wind speed increased to 145 mph. The storm is now poised to be the strongest to hit the US in 14 […]
Evacuations Ordered As “Monstrous Hurricane” Michael Intensifies Into “Most Powerful Storm In A Decade
Evacuations Ordered As “Monstrous Hurricane” Michael Intensifies Into “Most Powerful Storm In A Decade In a repeat of the scramble for safety that preceded the landfall of Hurricane Irma during the 2017 storm season, residents of the Florida panhandle are boarding up homes and fleeing inland as Hurricane Michael, already a Category 1 storm following […]
Michael Is Now A Hurricane, Will Continue To Strengthen As It Approaches Florida Panhandle
Michael Is Now A Hurricane, Will Continue To Strengthen As It Approaches Florida Panhandle Update from Reuters: MICHAEL BECOMES A HURRICANE AND CONTINUED STRENGTHENING EXPECTED, HEAVY RAINFALL AND STRONG WINDS SPREADING ACROSS WESTERN CUBA, RISK OF LIFE-THREATENING STORM SURGE, HEAVY RAINFALL, AND DANGEROUS WINDS INCREASING FOR THE NORTHEASTERN GULF COAST: NHC * * * A […]
