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.”
Click here for more FreightWaves articles by Alyssa Sporrer.
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The day before F3. Every compliance issue you face - fraud exposure, carrier liability, FMCSA rules, cargo theft, insurance gaps - navigated by attorneys and operators defining best practices in a changing industry.
The Signal at Chattanooga Choo Choo • Chattanooga, TN Register NowThe night before F3. FreightTech100 companies honored. FreightTech 25 and Shipper of Choice winners revealed live. Cocktail reception into dinner and live music - 300 industry leaders in one purpose-built room.
The Signal at Chattanooga Choo Choo • Chattanooga, TN Register NowIndustry-defining keynotes, rapid-fire technology demos, and industry leaders networking in experiences across Chattanooga - plus the inaugural F3 Awards Dinner featuring the FreightTech and Shipper of Choice reveals.
The Signal at Chattanooga Choo Choo • Chattanooga, TN Register Now