OFFBEAT MAIL

The Journal of Commerce has set up a special website section to alert JOC members on how Hurricane Sandy impacts supply chain infrastructure. Complete coverage is available online at http://www.joc.com/speciapics/hurricane-sandy . Hurricane Sandy caused severe disruption supply chains following shutdowns of major ports and damage to key rail, road and air infrastructure. JOC editors are working around the clock to provide breaking news and updates of this week's devastating storm and its aftermath, see the JOC's Hurricane Sandy special topic page. ( http://www.joc.com/special-topics/hurricane-sandy ) Shippers should expect delays for air and ocean shipments to, from and within the U.S. in the wake of super-storm Sandy, which devastated parts of eastern U.S., including New York and New Jersey. Paul Tsui, chairman of the Hong Kong Association of Freight Forwarding and Logistics, said supply chain delays could drag out for a number of days. "Most carriers canceled th...

For the first time, New York City was put to a standstill as superstorm Sandy continues to breeze through in some eastern parts of the United States. Many couldn't believe but most streets of New York City were found to be empty of people and vehicles, transforming it into a ghost metropolis, as most residents stayed in their homes for safety. At this developed, Wall Street already lost huge amount of stock market transactions as the New York Stock Exchange stopped its regular trading days. Alone, New York City incurred an estimated $20 billion in financial losses. Mostly affected was New York's Queens Borough district. Power has been shut off, too. In New Jersey, where the superstorm made its first landfall, the levee was already destroyed, thus forcing many affected residents to evacuate to safer grounds. Most parts of the metropolis have been inundated. Weather forecasts said superstorm Sandy has a packing wind of 105 mph and is heading towards Pennsylvannia. There a...