Skip to content
Search AI Powered

Latest Stories

Hurricane season in 2024 could feature rapidly intensifying storms

AccuWeather warns that fast-growing storms give less time to prepare.

accuweather 2024_atlantic_season_forecast.webp

With the Atlantic Hurricane Season beginning on June 1, meteorologists are warning of a threat of rapidly intensifying storms this summer, whose quick growth could leave families, businesses, and government leaders with less time to react and prepare, according to AccuWeather.

Rapidly intensifying tropical storms and hurricanes pose a major threat to life and property along the Atlantic and Gulf of Mexico coastlines, as those weather systems could gain wind intensity of at least 35 mph in 24 hours or less, the weather service said. That short time frame is a problem because many large coastal cities require 48 to 72 hours to announce mandatory evacuations, organize shuttles, and activate highway contraflow for evacuation traffic. 


The forecast is inspired by certain “red flags” being tracked by AccuWeather meteorologists, including: the switch from an El Nino to a La Niña pattern, record-shattering warm ocean temperatures in the Main Development Region at the surface, and warm waters at deep depths.

“Sea-surface temperatures across the Atlantic Basin as a whole have never been warmer in recorded history on this date than they are right now. The fear is that as we enter the heart of the tropical season, the sea-surface temperature may eclipse the record-breaking season that was 2023,” AccuWeather Lead Hurricane Forecaster Alex DaSilva said in a release. “2023 is the benchmark for the warmest that the Atlantic basin has ever been in recorded history. Tropical storms and hurricanes love to feed off of warm ocean water. The warmer the oceans are, the more favorable the environment will be for tropical development and intensification.”

The forecast echoes an April prediction from the University of Arizona, where researchers likewise said this year's hurricane season has the potential to be even worse than the 2023 session, which ranked as the fourth most active hurricane season on record.


 

 

 

Recent

More Stories

screen shot of AI chat box

Accenture and Microsoft launch business AI unit

In a move to meet rising demand for AI transformation, Accenture and Microsoft are launching a copilot business transformation practice to help organizations reinvent their business functions with both generative and agentic AI and with Copilot technologies.


The practice consists of 5,000 professionals from Accenture and from Avanade—the consulting firm’s joint venture with Microsoft. They will be supported by Microsoft product specialists who will work closely with the Accenture Center for Advanced AI. Together, that group will collaborate on AI and Copilot agent templates, extensions, plugins, and connectors to help organizations leverage their data and gen AI to reduce costs, improve efficiencies and drive growth, they said on Thursday.

Keep ReadingShow less

Featured

holiday shopping mall

Consumer sales kept ticking in October, NRF says

Retail sales grew solidly over the past two months, demonstrating households’ capacity to spend and the strength of the economy, according to a National Retail Federation (NRF) analysis of U.S. Census Bureau data.

Census data showed that overall retail sales in October were up 0.4% seasonally adjusted month over month and up 2.8% unadjusted year over year. That compared with increases of 0.8% month over month and 2% year over year in September.

Keep ReadingShow less
chart of sectors leasing warehouse space

3PLs claim growing share of large industrial leases, CBRE says

Third-party logistics (3PL) providers’ share of large real estate leases across the U.S. rose significantly through the third quarter of 2024 compared to the same time last year, as more retailers and wholesalers have been outsourcing their warehouse and distribution operations to 3PLs, according to a report from real estate firm CBRE.

Specifically, 3PLs’ share of bulk industrial leasing activity—covering leases of 100,000 square feet or more—rose to 34.1% through Q3 of this year from 30.6% through Q3 last year. By raw numbers, 3PLs have accounted for 498 bulk leases so far this year, up by 9% from the 457 at this time last year.

Keep ReadingShow less
chart of global supply chain capacity

Suppliers report spare capacity for fourth straight month

Factory demand weakened across global economies in October, resulting in one of the highest levels of spare capacity at suppliers in over a year, according to a report from the New Jersey-based procurement and supply chain solutions provider GEP.

That result came from the company’s “GEP Global Supply Chain Volatility Index,” an indicator tracking demand conditions, shortages, transportation costs, inventories, and backlogs based on a monthly survey of 27,000 businesses. The October index number was -0.39, which was up only slightly from its level of -0.43 in September.

Keep ReadingShow less
employees working together at office

Small e-com firms struggle to find enough investment cash

Even as the e-commerce sector overall continues expanding toward a forecasted 41% of all retail sales by 2027, many small to medium e-commerce companies are struggling to find the investment funding they need to increase sales, according to a sector survey from online capital platform Stenn.

Global geopolitical instability and increasing inflation are causing e-commerce firms to face a liquidity crisis, which means companies may not be able to access the funds they need to grow, Stenn’s survey of 500 senior e-commerce leaders found. The research was conducted by Opinion Matters between August 29 and September 5.

Keep ReadingShow less