4 ms·
In transportation and logistics, it turned into a bidding war, with the biggest box shops able to outbid anyone else. So rail and trucking and ships made the m
by basch 3y ago
In transportation and logistics, it turned into a bidding war, with the biggest box shops able to outbid anyone else. So rail and trucking and ships made the most profit in the history of existence by pitting everyone else against each other for a limited supply.
A bit of greed inflation and a bit of how a market economy works during a shortage. Now as shipping costs have dropped, companies have not dropped their prices accordingly because they have to cover their new massive headcounts and severance.