Re:Wholesale prices measure rises 9.6% in Nov from year ago,...
by TakuYam on Tuesday December 14, 2021 @11:19AM
(#29553290)
Is that due to capacity at ports being restricted by lack of downstream capacity (ie trailer availability)?
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Re:Wholesale prices measure rises 9.6% in Nov from year ago,...
by cool_dude85 on Tuesday December 14, 2021 @11:31AM
(#29553464)
I have read, without a lot of evidence to be fair, that port capacity is a small part of it. Overseas container shipping companies had, pre-pandemic, been competing so heavily that they were often running a loss and hoping to make it up on volume. They used the pandemic to sort of consolidate and lower capacity by decommissioning ships and so dramatically increase per-container price. Not sure if there's a lot of clear evidence for it, but it's one explanation I read.