Port Congestion Is Not a Market Failure

Stacked containers at the Port of Los Angeles, November 22, 2021. (Mike Blake/Reuters) A response to Flexport CEO Ryan Petersen’s argument calling for government intervention.

NRPLUS MEMBER ARTICLE O n January 2, Ryan Petersen was interviewed by Noah Smith about the supply-chain crisis. Petersen is the CEO of Flexport, a company founded in 2013 that uses and develops new technologies to modernize American logistics.

Modernization is exactly what American logistics needs, and Flexport is doing great work toward that end. Scroll down to the bottom of the interview, and you’ll find a list of all the new technologies that Flexport and companies like it are developing. Petersen is a very smart entrepreneur, and the logistics sector needs more people like him and more companies like Flexport.

It’s because Petersen gets so

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