Bryn Heimbeck, President and Co-Founder of Trade Tech, highlights the challenges facing the US supply chain, particularly in dealing with port congestion. He emphasizes the need for proactive measures, citing factors such as the influx of new vessels, declining freight rates, and the impact of low water levels in the Panama Canal. He notes that container throughput at ports remains a bottleneck and calls for urgent discussions on alternative ideas and process changes to enhance cargo management efficiency. He suggests leveraging data from ocean carriers and NVOCCs as part of the 24 Hour Rule to gain visibility and mitigate congestion, advocating for a focus on process improvements over waiting for long-term capital projects.

SOURCE:GOOGLE