Keep pulling the thread on Ryan Peterson.
Contracts signed by East and West Coast port unions in the U.S. prevent further automation, leading to higher prices for consumers.
If a shipping company's vessel calls at a new, non-union U.S. port, that company's ships will be contractually banned from calling at all other unionized ports in the country.
Attacks in the Red Sea have forced container ships to reroute, causing a 12% reduction in global shipping capacity and raising freight prices by approximately 3x.
Flexport's financial model projects the company will achieve approximately $100 million in EBIT by the end of 2025.
The Panama Canal has been operating at only two-thirds of its capacity for the last couple of years, with the official reason being a drought.
Ryan Petersen predicts the U.S. de minimis exemption for goods from China will be canceled by approximately April 15th.
On December 19th, the Mexican government banned the importation of goods intended for re-export under the U.S. de minimis program, impacting an estimated 30,000 fulfillment jobs in Mexico.
Flexport's e-commerce fulfillment business doubled its revenue in the first 60 days of the year following Mexico's ban on de minimis-related imports.
A proposed U.S. policy would require that 15% of U.S. exports be transported on U.S.-made ships within seven years.
The Jones Act, a 1920 U.S. law, mandates that all goods transported by water between U.S. ports must be on ships that are built, owned, and crewed by U.S. citizens.
The imposition of U.S. tariffs on Mexico and Canada suggests that tariffs could be applied to any country, making supply chain planning difficult.
The USMCA trade agreement contains a clause allowing any member country to impose tariffs for national security reasons.