The Ledger
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Petersen predicts U.S. crackdown on foreign shell companies importing goods directly
“I think they're going to crack down on that. I think they're going to shut down that.”
U.S. Department of Justice ranks customs fraud as its second white-collar priority
“Guarantee you, like, you are reliable for that. Like, as a warning, look at the camera. UF. CBP DOJ has announced as their number two priority in white collar crime division of the Department of Justice is customs fraud. Healthcare fraud is number one, and the…”
Petersen: Ocean shipping manifests are public records in nearly 20 countries
“Shipping manifests for ocean freighter public record, and it has a lot of really interesting data on it. The public record in the US, we've since learned in like over almost 20 countries that you can get the shipping manifest data.”
China-to-US ocean container shipping costs dropped to $600 in 2016
“You could ship a container from China to the U.S. For, our cost was like 600 dollars. Normal long run average about 2000. Today, I didn't check the price this morning, but it's probably four or 5000 right now. And the peak COVID was, you know, famously got to …”
Half of global air freight flies in the bellies of passenger planes
“About 50% of the world's air freight travel, we do air freight too, not ocean freight and about 50% of the world's air freight flies in the belly of passenger planes.”