A reason for inflation we don't think much about.

Shipping companies may be raising their charges exorbitantly just because they can.

Quote:

Simply put, as ballooning costs hit the wallets of American families, the global ocean shipping industry is enjoying its most profitable period in recent history. In the first quarter of 2022, the biggest carriers’ operating margins hit 57%, according to one industry research firm, after hovering in the single digits before the pandemic.

https://www.propublica.org/article/o...osts-inflation

via International Skeptics Forum https://ift.tt/0sqfd7a