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Flexport CEO on Global Supply Chain Amid Red Sea Crisis

Ryan Petersen, the CEO of Flexport – a leader in global supply chain technology – discusses the state of global supply chains amid attacks by Yemen’s Houthi rebels on commercial traffic in the Red Sea. He speaks with Caroline Hyde and Ed Ludlow on “Bloomberg Technology.” ——– Like this video? Subscribe to Bloomberg Technology on…

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Ryan Petersen, the CEO of Flexport – a leader in global supply chain technology – discusses the state of global supply chains amid attacks by Yemen’s Houthi rebels on commercial traffic in the Red Sea. He speaks with Caroline Hyde and Ed Ludlow on “Bloomberg Technology.”
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17 Comments

17 Comments

  1. @thesaudiman2108

    December 22, 2023 at 7:01 pm

    Biden removed the houthis from the terrorist list don’t forget to thank him.

  2. @user-gi2vj4xy6k

    December 22, 2023 at 7:56 pm

    Higher interest rates, concerns about a possible recession and instability in the banking system have plagued smaller stocks. I’m still at a crossroads deciding if to invest $400k on my stock portfolio. what’s the best way to take advantage of the market🚀🚀

  3. @posthocprior

    December 23, 2023 at 2:08 pm

    It would have helped to point out that shipping costs and shipping rates have an inelastic demand curve. That is, even if the route is 25% longer, this may have very little effect on the final price of the product. Why? Because shipping costs are so low, for almost all products, a small increase in the shipping cost has very little effect on the final cost.

    • @mahammadoutunkara6430

      December 30, 2023 at 7:51 pm

      Thank you. Gives a new perspective

  4. @Anthony-dj4nd

    December 23, 2023 at 2:34 pm

    Ho Ho Ho🧑‍🎄

  5. @Anthony-dj4nd

    December 23, 2023 at 2:36 pm

    3 to 4x prices!?

  6. @HDPlots

    December 23, 2023 at 3:48 pm

    25% increase in time to deliver does not mean a 25% increase in ships

  7. @jamesholmes4074

    December 23, 2023 at 10:28 pm

    Inflation cost $$$$ are set to increase in 2024 if this continues for even a little longer.

    Supply chain crunch is already slowly beginning to increase prices and delay estimated delivery and pick up times.

  8. @Glenintheden

    December 24, 2023 at 2:46 am

    I started watching this video in order to find out about the global supply chain related to Red Sea Crisis, but instead video ended up being a couple of guys gabbing about who’s a c suite executive at which company.

  9. @ahmedalsharman

    December 25, 2023 at 1:31 am

    Welldone Yamen Houthis 👏 👏

  10. @chillxxx241

    December 25, 2023 at 10:20 am

    Why don’t people just offer to buy out the Israeli stake in some of these shipping lines?

  11. @user-yd1yv5gp7t

    December 25, 2023 at 12:41 pm

    USA always wirking hard to start new wars and create chaos, how come the red sea is turbulent only when USA station in her warships . Why should the world care about a few western goods when many thousands civilians are massacre by Israel in gaza with the support of the USA . president putin and Xi of China are right , USA Western hegemony over the nations is destructive creating wars and chaos,thus the need for a multi polar world. The USA cannot be trusted as she is belligerent in most conflicts

  12. @user-yd1yv5gp7t

    December 25, 2023 at 12:44 pm

    The western media propaganda media want the world to believe USA and their western coalition is saving the world from Houthis when actually they are using them. Why don’t the USA worry about the many thousands massacred in gaza

  13. @thomaskeenan2208

    December 25, 2023 at 10:45 pm

    TLDW: 25% longer detour. Euro Asia trade.

  14. @serenitytrek

    December 26, 2023 at 12:11 am

    …set up of another rich man’s trick…

  15. @honahwikeepa2115

    December 26, 2023 at 8:17 pm

    Joe Biden crisis.

  16. @AxebpoIndia

    December 29, 2023 at 4:43 am

    Insightful insights on the Red Sea crisis’ impact on the global supply chain. Flexport’s CEO highlights the industry’s challenges, essential for optimizing operational efficiency in our evolving landscape. Collaborating with seasoned partners adept at navigating such challenges could offer invaluable perspectives. Adapting swiftly in these times often calls for strategic support behind the scenes.

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