The Small Business Experience

Suez Canal Blockage Aftermath ($9.6 Billion per day)


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In this episode, Dan & Ian double-back on the recent blockage of the Suez Canal. The internet meme that started as an hilarious joke, now has significant ramifications for businesses and international trade. They deliver some crazy statistics and the true aftermath of this disaster. The Ever Given was stuck for 6 days and has caused an international supply chain breakdown. 

Quick Facts: This blockage held up
-$9.6 billion of trade each day on that waterway
-$400M a hour
-$6.7M a minute
-The canal itself lost Egypt about $14-15M for each day the canal was blocked

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The Small Business ExperienceBy With Dan & Ian