How the World's Companies Wound Up in a Deepening Supply Chain Nightmare
Odd Lots
Bloomberg
4.5 • 2K Ratings
🗓️ 17 May 2021
⏱️ 51 minutes
🧾️ Download transcript
Summary
By now, everybody knows that global supply chains are a mess. Not a day goes by where there isn't news of some shortage or bottleneck. Chips, shipping containers, lumber, you name it. So how did it happen and how does it get unwound? On the latest episode of Odd Lots, we speak with Ryan Petersen, the CEO of Flexport, which makes software to help companies manage their supply chains. He breaks down the situation in a granular way to explain what's really going on.
See omnystudio.com/listener for privacy information.
Transcript
Click on a timestamp to play from that location
| 0:00.0 | Adlots is brought to you by Apollo. When it comes to building and financing stronger businesses, |
| 0:05.1 | Apollo does the heavy lifting by providing customized capital solutions. Apollo, |
| 0:09.6 | investing in tomorrow, today. Learn more at Apollo.com. |
| 0:30.7 | Companies participating include Navistar, City, |
| 0:33.5 | Highmark Health, TDBeg, UPS, and many more. This program is proudly sponsored by IBM. |
| 0:39.2 | Register at BloombergLive.com slash transformation slash radio. |
| 0:54.4 | Hello and welcome to another episode of the Adlots podcast. I'm Tracy Alloway. |
| 0:59.6 | And I'm Joe, why isn't all? |
| 1:02.3 | Joe, remember that ever given? Yeah, that was a great story. It's not over yet, is it? |
| 1:09.3 | So possibly my favorite sort of finance, eco story of all time, it's still going. |
| 1:16.3 | So there's still this legal thing over what's going to happen to all the actual things that were |
| 1:21.7 | on the ever given after it was stuck in the canal. And people are still trying to clear the |
| 1:26.9 | backlog of containerships, the sort of log gem that came from the blockage months at this point |
| 1:33.6 | after the thing was actually stuck. Right. So it wasn't actually stuck, like sort of blocking |
| 1:40.7 | the canal for that long. I think it was like about a week maybe or something around that. |
| 1:46.0 | But it caused all kinds of issues. Obviously, and they had to have this huge rest, |
| 1:51.2 | you effort, and that cost all kinds of money. And then the last I heard about it, and I probably |
| 1:55.5 | read an article like a week or two ago, there was some sort of like some issue with like the boat, |
| 2:00.4 | the vessel not being allowed to actually continue on its journey until the owners paid up |
| 2:05.9 | for the rescue operation, and then I sort of lost track of it after that. |
| 2:10.7 | Yeah, that's exactly right. And of course, the ever given, it's sort of, I guess, symbolic of all |
| 2:17.2 | these logistics stalls that we've had recently during the coronavirus crisis. And you know, |
... |
Please login to see the full transcript.
Disclaimer: The podcast and artwork embedded on this page are from Bloomberg, and are the property of its owner and not affiliated with or endorsed by Tapesearch.
Generated transcripts are the property of Bloomberg and are distributed freely under the Fair Use doctrine. Transcripts generated by Tapesearch are not guaranteed to be accurate.
Copyright © Tapesearch 2026.

