June 13, 2022
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27:49Now PlayingPresident Biden to Container Ship Operators: "If They Were in Front of Me, I'd Pop Them. I Mean It."
What's Going on With Shipping
June 13, 2022
In this episode, Sal Mercogliano - former merchant mariner and maritime historian at Campbell University - discusses President Joseph Biden's June 10, 2022 speech at the Port of Los Angeles on the Supply Crisis and his issue with the nine large containership companies - Maersk, Mediterranean Shipping Company, COSCO, HMM, Hapag, ONE, Yang Ming, CMA CGM and Evergreen - and their record profits over the last year and the new Ocean Shipping Reform Act 2022. He also discussed the issue of inflation, rising gas prices, and the appointment of General Stephen Lyons to replace John Porcari as the next Supply Chain Port Envoy.
#supplychain #Biden #OceanShippingReformAct
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