According to Yosi Sheffi, the director of MIT's Center for Transportation and Logistics, "The underlying cause of all of this is actually a huge increase in demand. … People did not spend during the pandemic. And then, all the government help came; trillions of dollars went to households. So, they order stuff. They order more and more stuff. And the whole global markets were not ready for this." So, wait: There's plenty of goods, and plenty of people who want to buy them – so, where's the problem? Here's a hint: Trucks.
Edition and Date
October 10, 2021
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Source
CBS News
Topic
Year
2021
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