Flexport CEO Warns Shipping Risks Remain
Share
Flexport CEO Ryan Petersen joins Bloomberg Open Interest to explain why the biggest threat to global shipping isn't the Strait of Hormuz it's still the Red Sea. He breaks down the surge in imports driven by tariff uncertainty, why companies are stockpiling inventory after the COVID supply chain crisis, and how Panama Canal drought risks could create the next bottleneck.
More from Australia
St Barbara restarts Touquoy ore processing in Canada
Woodside Energy outlines strategy targeting US$40B cash flow
News Corp posts US$2.28B first quarter revenue
REA Group Q1 revenue increases 11% to $450M
Light & Wonder Q3 net income lifts 17% to US$133M
National Australia Bank reports $6.14B in full-year profit