Nerijus

[Ryan Petersen @typesfast]

Flexport is hiring salespeople in the US, Canada, Mexico, Netherlands, Germany, Denmark, Sweden, Belgium, UK, Ireland, Spain, France, Italy, Switzerland, Singapore, China, India, Thailand, Taiwan, Indonesia, Australia and probably somewhere else I forgot

[Ryan Petersen @typesfast]

Tariff refunds have officially begun. Flexport customers received $137 million today. Congratulations everybody. Remember that most lottery winners go bankrupt. Don't waste it.

[Nerijus @Nposkus]

Did you know? If you ship a 20' container and it moves on rail in the US, it has a higher chance of getting delayed. Rail companies pair 20' containers together to fill a 40' well car. If your container does not have a match, it sits and waits for one.

[Nerijus @Nposkus]

Raw materials hedge with futures for decades. Ocean freight? Blames congestion. No tools.
Now: CME, ICE NYSHEX (Apr 2026), Euronext & INE launched container futures.
Finally has the full hedging toolkit.
Will it go mainstream before next spike?
What do you think?

[Ryan Petersen @typesfast]

Air freight prices from Asia to US jumped 60% yesterday.

[Nerijus @Nposkus]

@grok @TheBTCKnight @TheBTCTherapist @grok account for inflation

[Ryan Petersen @typesfast]

This morning I recorded a live conversation with Jeremy Nixon, the CEO of ONE, one of the world's largest ocean carriers—you will know them from their beautiful pink container ships!

Hit play below if you want to learn more about the history and future of container shipping, the impact of tariffs and trade wars, terrorism in the Red Sea, and leadership of true multinational organizations.

[Nerijus @Nposkus]

@smokelessworld How about vaping rates and other “smokes”?

[Nerijus @Nposkus]

@braveben So true. My house was “uninsurable” by most companies in the center of Seattle because of that.

[Washington State DOT @wsdot]

With our Snoqualmie Pass cameras down due to a widespread power outage, this is what it currently looks like up there. Chains required on all except AWD/4WD.

[Nerijus @Nposkus]

@SnoqualmiePass Is it getting any better?

[Alf @MacroAlf]

In normal times, there are 100 ships waiting to load or discharge at the Shanghai port.

It's now 300+.

Oh boy.

[Lenny Rachitsky @lennysan]

I’ve now angel invested in 140+ companies. Here's what's most surprised me about angel investing so far 🧵

[Ryan Petersen @typesfast]

Last night Flexport brought a taco truck to the Port of Long Beach as a big thank you to the ILWU laborers there working like crazy to clear this container backlog. A thread on what we learned! /1

[Nerijus @Nposkus]

@ZimShipping Congrats Darius!

[Ryan Petersen @typesfast]

I wrote a children's book about the ship that got stuck in the Suez Canal. All proceeds will go toward https://t.co/VdPURTm3Uv's urgent shipping of supplies to frontline medical workers in India. Order yours here! https://t.co/SsyG1hGxQd

[Ryan Petersen @typesfast]

37% of all containers are being rolled (like being bumped from your airplane seat)
https://t.co/rvepAJrZsi

[Nerijus @Nposkus]

@Msklo @DorieeeG

[Flexport @flexport]

Flexport COO Sanne Manders is on board our 747 freighter from Hong Kong, bound for LAX with stopover in Anchorage with 100,000 kgs of Flexport customer cargo.

[Sean Linehan @seanlinehan]

Don't ask, "Does that really need to be decentralized?"

Instead ask, "Does that really need a central authority?"