https://theregister.co.uk used to have a running record for the most outrageous packing material user for the actual items.

If I remember right, one guy received two pallets of cardboard containing, after four levels of unpacking, a total of eight single 8.5 x 11 sheets of licensing policy for newly acquired servers.

Or the 12x12x12 box containing a ziplok baggie with two rack mount screws.