Odd LotsOdd Lots

Flexport CEO Says a ‘Great Recession’ Is Here for Global Shipping

View descriptionShare

Odd Lots

Bloomberg's Joe Weisenthal and Tracy Alloway explore the most interesting topics in finance, markets and economics. Join the conversation every Monday 
757 clip(s)
Loading playlist

Back in early 2021, Ryan Petersen was one of the first people we spoke to on the Odd Lots podcast about supply chain snarls and high shipping costs. The founder and co-CEO of Flexport has since gone on to become a go-to name in the world of logistics, making headlines after he tweeted about what could be done to fix congestion at the ports of Long Beach and Los Angeles. (A Bloomberg Opinion columnist called it the "tweetstorm that saved Christmas.") But fast forward two years and it seems like we're on the verge of a sharp reversal for the shipping industry, with freight rates now plunging and container traffic to the US down almost 20% last month. On this episode, we talk catch up with Petersen to talk about what he's seeing in the industry right now.

  • Facebook
  • Twitter
  • WhatsApp
  • Email
  • Download

In 1 playlist(s)

  1. Odd Lots

    757 clip(s)

Odd Lots

On Bloomberg’s Odd Lots podcast Joe Weisenthal and Tracy Alloway explore the most interesting topics 
Social links
Follow podcast
Recent clips
Browse 757 clip(s)