Guest: Spencer Shute of Proxima discusses the impact Pres. Biden's executive order on competition will have on logistics; Uber's big acquisition of Transplace; Sustainability remains a priority with supply chain companies

Logistics Matters with DC VELOCITY

In this episode, Spencer Shute, a consultant with the supply chain and procurement consulting firm Proxima, discusses the recent executive order from President Biden designed to encourage more competition between American companies. The goal is to increase competition to better serve consumers, but what impact will these orders have on the supply chains that we currently know and how will it affect freight markets in particular?
Merger and acquisitions continue throughout our industry, as investors view supply chain companies as worthy of their investment dollars. Yesterday, a large deal saw Uber Freight buying Transplace. What will the impact of the more then $2- billion deal have on the market and is it just another example of trends we have been following?
During the pandemic, many thought that sustainable and environmentally-friendly business activities might have been put on the back burner while companies merely focused on survival. Surprisingly, that has not been the case. Sustainability remains a major priority among supply chain companies.
Articles and resources mentioned in this episode:

• Proxima website
• Biden calls for stricter enforcement of antitrust laws in transportation and other sectors
• Uber Freight buys 3PL Transplace from its private equity owner for $225 billion
• Supply chain companies committed to sustainability
• Visit DCVelocity.com for the latest news.
• Send feedback about this podcast to [e-mail].

Podcast sponsored by: Aptean

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