Ed Elson

We've got the fact that it's almost impossible for any of these ships to go through the Strait of Hormuz.

And now you're also pointing out that we've got these issues at the Red Sea.

So...

Multiple different issues here.

How difficult is it right now to be in the supply chain business compared to other times in history?

I think, for example, maybe COVID as an example, where it was obviously like a real supply chain problem.

Like, how bad is it out there?

Ultimately, that energy story is going to affect people like you, right?

I mean, if it's more expensive to get the fuel to put the fuel in the ship or to put the fuel in the aircraft to go somewhere, is that not also an issue on your end or is it less of an issue?

Yeah, give us a sense of how this could trickle down to the consumer, because it seems like all that we're really seeing right now, if you're paying for gas at the pump,

you're immediately feeling this right now.

You're immediately seeing how this is impacting your life.

But I think the thing that is probably less understood is how the disruptions in the supply chain could also affect your life in some way.

It could translate to price increases in I don't know what.

So...

Paint us a picture of how this could translate for consumers.

When I think about the global supply chain at this point, it feels like we've had these immense shocks.

I mean, first it was COVID and suddenly everyone realized, okay, supply chains matter.

I think that's when you became, honestly, you really burst into the scene in that moment because everyone was like, oh my gosh, we need to understand this stuff.

Then we see, obviously, what's happened in the Middle East and how it's disrupted the Red Sea, as you mentioned, something that's less talked about.