freight rates

On today's podcast:

1) Walt Disney Co. is acquiring a $1.5 billion equity stake in Fortnite maker Epic Games Inc. as part of a collaboration involving Disney properties like Star Wars, Marvel and Avatar, the companies said Wednesday.

2) The Senate delivered a death blow to efforts to impose new border restrictions, blocking a carefully negotiated bipartisan compromise after former president Donald Trump and House Republican leaders denounced the deal.

3) Former Barclays Plc Chief Executive Officer Jes Staley has long maintained that he cut off his friendship with Jeffrey Epstein once he became boss of the UK bank. Legal documents seen by Bloomberg News claim that he had indirect contact with the late pedophile financier for years after that.

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We've been covering global supply chain pressures almost since the beginning of the year on Odd Lots. And with each episode the question is "ok, so when will things normalize?" But basically, not only have things not normalized, things have gotten much worse. So why can't the system stabilize? On this episode, we speak again with Ryan Petersen, the CEO of the logistics firm Flexport, on how supply chain pressures have gotten even worse since the last time we spoke with him in the spring.

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