brandon daniels is the ceo of x injure which was just -- - exeger which was just acquired. -- of the supply chains being affected going by the red sea? >> it's affecting the supply chains. you are seeing over 350 ships that have already been subject to disruption. it is a seismic proportion of the total flow from asia to europe that's subject to disruption. it's leading to this epicenter of risk now reverberating across all of our other ports. you are starting to see shipping rates increase on the east coast , companies deciding to ship directly from china or the southern pacific out to the united states through the ports of l.a. it's absolutely disrupting supply chains and we are already starting to see that in the price is where we are doubling or tripling shipping rates in the last month. katie: what have your conversations and like in the last month area when you talk to your clients, how concerned are they about this red sea situation? >> the current economic climate has two competing factors and we've been dealing with these factors for years now, since the pandemic.