This thread is totally wrong.

My company has imported ~15 containers during the covid crisis to the United States. All to our warehouse in Texas, none directly to Amazon.

Best Buy's shelves are probably bare because work from home caused everyone to buy electronics. https://twitter.com/jonst0kes/status/1288939373682196481
This is part right? Shipping industry is not that consolidated, but supply is down. https://twitter.com/jonst0kes/status/1288939375959711744
Totally wrong again. https://twitter.com/jonst0kes/status/1288939376836259842
Nope. https://twitter.com/jonst0kes/status/1288939377771634693
Amazon sucks in a lot of ways, but can we just focus on the ways in which they actually suck instead of a bunch of made up nonsense? https://twitter.com/jonst0kes/status/1288941556792205314
Not only totally wrong, but demonstrably false.

103 retweets and counting.

The "wisdom" of crowds haha.
And we're right back at it.

THERE IS NO MONOPOLIZATION IN SHIPPING OR PORT LOGISTICS.

Shipping, particularly ocean shipping, is noted for being a very fragmented unprofitable industry (like airplanes before consolidation).

The closest thing you will get https://twitter.com/matthewstoller/status/1289232440314089474
to a monopoly in ocean shipping and port logistics is the strangleholds unions have on west coast ports in the United States.

I like some of what this dude writes but he's sometimes a loony toon who calls everything a monopoly regardless of its characteristics.
Hey! Small business here! There is no shipping and logistics cartel!

Trucking: fragmented, negative profit industry
Ocean shipping: fragmented, negative profit industry
Freight forwarders: fragmented, low profit industry https://twitter.com/matthewstoller/status/1289232786587410432
Air shipping: somewhat fragmented cyclical industry
Ground shipping USA: nationally a duopoly (UPS/Fedex) for some product types with regional options and gov't player.

I'm a HUGE critic of Amazon, but we gotta keep it real.

Do some research before you make calls like this.
I'm just blown away by this. Such staggeringly bad takes from respected people.

And they don't even respond lol.

I guess that's the game. When you're wrong, just keep smacking that "monopoly" drum.
I realized that I forgot to do trains!

Trains: concentrated, quite profitable industry.

Why?

They ain't laying more track, industry is consolidated, for some routes there is only one option. Many routes only 2.

Don't believe me? Why's this guy own one?
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