Supply and demand are simple concepts when it all works the way, it should, right? Throw COVID-19 into the mix and all bets are off. Have you recently been affected by a product being out of stock or an item on backorder? I have! How about trying to buy a car or a cargo van? Not easy to do! When you can buy one, the price is often inflated due to increased demand and reduced supply directly tied to COVID restrictions at ports of call.
The California coast never looked the way it does right now. Many large cargo ships are moored offshore waiting up to 8 days to gain access to port Los Angeles, the busiest port complex in the U.S. The… Continue reading