Breaking news reports indicate that a magnitude 7.3 earthquake has struck Northern Japan off the coast of Fukushima Prefecture.

The US Geological Survey initially placed the earthquake at a magnitude of 7.3 but later downgraded it to 6.9. The quake reportedly occurred 37 kilometers (23 miles) east-southeast of Namie off the country’s east coast at a depth of 11.4 kilometers (7 miles).

As we pen this posting, a tsunami warning remains in place for Japan’s northeast coast with a tsunami wave of 1-3 meters (3-10 feet) possible.

Two aftershocks have been already reported by USGS, one 5.4 and one 4.8.

Thus far reports indicate boats are attempting to get out to sea to avoid imminent tsunami waves while residents living near the coast are being warned to evacuate to higher ground. Japan Railways has suspended operations of dozens of bullet trains operating in eastern Japan so engineers can check tracks to make sure they have not been damaged by the earthquake. Similarly, addition remediation measures have been ordered for what remains of the Fukushima nuclear plant comp

Penning this alert reminds us of the 2011 earthquake and tsunami that struck this same region in 2011. Only this time, the tsunami could impact eastern coastal regions. Hopefully, the same scope of such a disaster will not occur again. Many industries discovered the consequent impacts of supply chain disruption after the 2011 incident.

Industry supply chain teams should obviously be monitoring ongoing developments.

Our thoughts and prayers are with the safety of all citizens in the potential impacted coastal areas and we trust that events will not repeat themselves.

Bob Ferrari