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Not terribly surprising because co-CEO/founder Ryan Peterson was just on the Odd Lots podcast again to talk about the "Great Recession" in the shipping industry
by __derek__ 4y ago
Not terribly surprising because co-CEO/founder Ryan Peterson was just on the Odd Lots podcast again to talk about the "Great Recession" in the shipping industry.[1]
This is also interesting because Dave Clark joined as co-CEO after leaving Amazon, where he most recently spearheaded the dramatic increase in fulfillment center capacity due to the pandemic[2], probably the most visible indication that Amazon leadership misread the situation.
[1]: https://www.bloomberg.com/news/articles/2023-01-05/odd-lots-podcast-shipping-in-a-great-recession-says-flexport-ceo-petersen https://www.bloomberg.com/news/articles/2023-01-05/odd-lots-...
[2]: https://www.geekwire.com/2022/how-amazon-ended-up-with-too-much-warehouse-space-and-what-its-planning-to-do-next/ https://www.geekwire.com/2022/how-amazon-ended-up-with-too-m...