In this week’s episode, I’ve got not only an amazing guest but a friend of mine. Let’s welcome Tyler, a supply chain expert. He’s been part of a global logistics business and worked with the largest oil and gas service companies in the world. We had a deep conversation about the supply chain and the shipping process of goods and services around the world. He also explains how the prices have changed in this business and what occurs when the demand is high for shipping companies. Let’s dig into the supply chain! [00:01 - 06:34] Opening Segment  Tyler shares his background and work  How he started working for a global logistics organization His experience with oil and gas service companies in the world Tyler explains what a supply chain is  [06:35 - 22:47] Supply Chain Expert - Discussing Logistics in 2022 How tariffs and duties are handled in other countries  Tyler discloses how sea cans are tracked and audited The difference between bringing a sea can from overseas today vs three years ago Costs have gone up about 90% What happens when a container goes back from Europe/North America to China [22:48 - 34:08] Supply Chain and Nearshoring Tyler explains how the insurance works for shippers Containers that are waiting to be offloaded  Tyler’s insights about nearshoring vs supply chain Businesses move their operations, manufacturing, and sourcing from remote countries closer to home [34:09 - 36:07] Closing Segment We will begin coaching sessions next month! If you are interested in my coaching and consulting program, please reach out to me through email at  [email protected]. I want to make sure to cater to those interested, so please use the word “coaching” on the body or subject line. You can also follow me on Linkedin, and Twitter. If you would like to go even deeper into the world of commercial real estate, head over to Shane Melanson, a roadmap to investing in commercial real estate! Get my book Club Syndication - How The Wealthy Invest Their Money. LEAVE A REVIEW + help someone invest in commercial real estate with confidence by sharing this episode or click here to listen to our previous episodes. Follow The Investing Podcast on all Streaming platforms. Deezer, Apple Podcasts, Google Podcasts, Spotify, or visit our YouTube Channel. Tweetable Quotes: “I would expect 2023 for prices to really start to stabilize and improve on a broader scale than just on a port reporter or tradeline basis.” -  Tyler “Supply chain resiliency is at the forefront of a lot of our customer's minds right now.” - Tyler “Look at digitalization optimization, standardization, and review from who and where you are actually sourcing materials.” - Tyler

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