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Ryan Petersen

👤 Person
1877 total appearances

Appearances Over Time

Podcast Appearances

The Knowledge Project
Ryan Petersen: Building Flexport

Yeah, I mean, well, it was it was in the newspaper, but we have a group called Flexport.org.

The Knowledge Project
Ryan Petersen: Building Flexport

We do shipping for humanitarian causes like refugee camps and hospitals, nonprofits at cost, sometimes below cost.

The Knowledge Project
Ryan Petersen: Building Flexport

We had been part we're partnering with a lot of great groups like international aid groups and things like this.

The Knowledge Project
Ryan Petersen: Building Flexport

And COVID, it was in the newspaper.

The Knowledge Project
Ryan Petersen: Building Flexport

It hit in Wuhan.

The Knowledge Project
Ryan Petersen: Building Flexport

And we actually got a ton of demand to ship masks to China for the doctors in China.

The Knowledge Project
Ryan Petersen: Building Flexport

And so in January of that year, we shipped about 300,000 N95s from the U.S.

The Knowledge Project
Ryan Petersen: Building Flexport

to China, which then like two months later when there were no N95s mass in the U.S., we're like, whoops.

The Knowledge Project
Ryan Petersen: Building Flexport

So yeah, we saw that pretty early.

The Knowledge Project
Ryan Petersen: Building Flexport

And then the other thing that came out in that period was people, about 50% of the world's air freight travel.

The Knowledge Project
Ryan Petersen: Building Flexport

We do air freight too, not social freight.

The Knowledge Project
Ryan Petersen: Building Flexport

And about 50% of the world's air freight flies in the belly of passenger planes.

The Knowledge Project
Ryan Petersen: Building Flexport

And those all got grounded because of COVID.

The Knowledge Project
Ryan Petersen: Building Flexport

There was no reason to, you know, I think they're actually grounded legally.

The Knowledge Project
Ryan Petersen: Building Flexport

And so we saw, we were at the heart of kind of bringing masks, bringing PPE generally in for U.S.

The Knowledge Project
Ryan Petersen: Building Flexport

hospital networks from mostly produced in China.

The Knowledge Project
Ryan Petersen: Building Flexport

And so we saw this insane demand for air freight and there were no ships, no planes to move it.

The Knowledge Project
Ryan Petersen: Building Flexport

And the ships are too slow.

The Knowledge Project
Ryan Petersen: Building Flexport

Like hospitals are running out of masks.

The Knowledge Project
Ryan Petersen: Building Flexport

So we saw that and got pretty active.