Ryan Petersen

how much carbon went into making it so they can measure the carbon footprint.

And then the U, coming soon, you're going to have to provide like a QR code on every item that you can scan and they'll tell you the carbon footprint.

So the world just keeps getting more and more complex, which plays into the hands of...

customs company companies like flexport because we're like cool you need technology to track all this stuff um kind of classic regulatory capture types of we're not lobbying for any of these things but uh and you're the most tech forward of all the companies kind of we're the only one founded only one in the top 100 in the world founded after the web browser was invented a lot of good companies but they're not tech companies fundamentally so we have to uh

The world is our oyster.

We should win it all.

You have to be careful.

There's some illegal stuff that I see.

Not so much on our customers.

We talk them out of this.

But one of the temptations that a lot of people are falling into right now is letting your factory import the goods for you and then buying it from them in the U.S.,

And then not turning a blind eye if the factory cheats on the value of the goods or their classification.

Customs and Border Protection and DOJ.

Their problem is what the factories will do is set up a shell company.

Not in the U.S.

You don't have to have a U.S.

entity to import goods into the U.S.

Oh, interesting.

You can just, or Canada or most of Western Europe.

So you can just, they set up this shell company in whatever country.