• ITVI.USA
    15,299.240
    -0.110
    0%
  • OTRI.USA
    25.510
    0.060
    0.2%
  • OTVI.USA
    15,294.330
    11.020
    0.1%
  • TLT.USA
    2.690
    0.020
    0.7%
  • TSTOPVRPM.ATLPHL
    2.900
    -0.030
    -1%
  • TSTOPVRPM.CHIATL
    3.160
    -0.090
    -2.8%
  • TSTOPVRPM.DALLAX
    1.440
    0.000
    0%
  • TSTOPVRPM.LAXDAL
    2.820
    -0.010
    -0.4%
  • TSTOPVRPM.PHLCHI
    2.160
    -0.030
    -1.4%
  • TSTOPVRPM.LAXSEA
    3.400
    -0.020
    -0.6%
  • WAIT.USA
    125.000
    -1.000
    -0.8%
  • ITVI.USA
    15,299.240
    -0.110
    0%
  • OTRI.USA
    25.510
    0.060
    0.2%
  • OTVI.USA
    15,294.330
    11.020
    0.1%
  • TLT.USA
    2.690
    0.020
    0.7%
  • TSTOPVRPM.ATLPHL
    2.900
    -0.030
    -1%
  • TSTOPVRPM.CHIATL
    3.160
    -0.090
    -2.8%
  • TSTOPVRPM.DALLAX
    1.440
    0.000
    0%
  • TSTOPVRPM.LAXDAL
    2.820
    -0.010
    -0.4%
  • TSTOPVRPM.PHLCHI
    2.160
    -0.030
    -1.4%
  • TSTOPVRPM.LAXSEA
    3.400
    -0.020
    -0.6%
  • WAIT.USA
    125.000
    -1.000
    -0.8%
FreightWaves LIVEMaritimeNewsSupply Chains

GSCW chat recap: Is the COVID-19 supply chain sustainable?

‘Container pandemic’ among most pressing shipping challenges

This fireside chat recap is from Day 6 of FreightWaves Global Supply Chain Week. Day 6 focuses on global maritime.

FIRESIDE CHAT TOPIC: COVID Supply Chain: Is it sustainable? 

DETAILS: Steve Ferreira, CEO at Ocean Audit, and Jon Monroe discuss how COVID-19 impacted shipping at the beginning of the pandemic, how current demand for freight is causing port congestion and when they expect things to go back to “normal.”

SPEAKER: Monroe, founder at Jon Monroe Consulting

BIO: In 1998, Monroe launched Jon Monroe Consulting with the belief that the supply chain was becoming too complex for most companies to manage on their own. Monroe has worked with NVOCCs, shippers, ports and technology companies to help streamline processes and improve results. Today, he represents one of the largest privately held NVOCCs in China and provides middleware solutions through SYSM, a cloud-based, proprietary purchase order management system that provides transparency into factories in Asia. 

KEY QUOTES FROM MONROE

“We now have a container pandemic as well as a COVID-19 pandemic.”

“I think the ‘new norm’ is going to center around e-commerce, and it could flatten out the seasonalities that we have and raise the bar in terms of volumes.”

“We truly experienced a kind of gridlock to where everybody is looking for alternate ports. … So you just have to rethink what you’re doing.”

This SONAR chart shows that twenty-foot equivalent units (TEU) being booked for the Port of Oakland are up 182% over the past 6 months compared to the Port of Long Beach, which is only up 46%.

Click here for more FreightWaves articles by Alyssa Sporrer.

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GSCW chat recap: Flexport.org founder on sustainability in retail supply chains

Alyssa Sporrer

Alyssa is a reporter at FreightWaves, covering stories related to sustainability in the freight industry. She graduated from Iowa State University with a double major in Marketing and Environmental Studies. She is passionate about all things environmental and enjoys outdoor activities such as skiing, ultimate frisbee, hiking, and soccer.