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Guest: Bindiya Vakil discusses President Biden's plan to fix America's broken supply chains; Freight continues to take a bumpy ride; Ocean ports continue to see congestion worldwide

Season 2 Episode 10 Published 5 years, 7 months ago
Description

In this episode, guest Bindiya Vakil, CEO of Resilinc, discusses vulnerabilities within our worldwide supply chains. Many U.S. manufacturers have experienced shortages in critical goods needed to keep production moving. President Biden is proposing plans to fix broken supply chains for critical goods, such as semiconductors and PPE. Vakil talks about our complex supply chains and the difficulties of simply decoupling from foreign markets.

Freight has taken a bumpy ride over the past year, mainly due to the ongoing pandemic. It's been more of a roller coaster ride than a consistent level of goods movement. How is the industry coping with such highs and lows in capacity and demand?

We have continuously reported on problems of congestion at America's ocean ports. But congestion is not a problem facing just U.S. ports; it is a concern elsewhere in the world, slowing down the movement of goods and causing supply chain delays.

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