Matt Stoller has a very interesting article about The World’s Most Profitable Traffic Jam in which he lays out the economic incentives that are causing big problems with the supply chain. The crux of the problem is a very complex intermodal system that gives large transocean shippers an incentive to slow things down once they hit the ports because they collect fees for congestion and don’t bear the costs. We might actually get some real legislation out of Congress to help sort this problem out.
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