Judd Legum

@JuddLegum ↗

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Last Checked Nov. 25, 2022

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Mon Nov 07 15:11:31 +0000 2022

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Judd Legum @JuddLegum

7. Between 2019 and 2021, "three of the five largest companies in the shipping industry saw profits rise by 29,965%." -- from $155 million in 2019 to $46.6 billion in 2021 https://t.co/SrqPsvEK1A https://t.co/130f14ICXd — PolitiTweet.org

Posted Nov. 7, 2022

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Judd Legum @JuddLegum

6. The top 10 container lines "control nearly 85% of the capacity for shipping goods by sea." Even that overstates the amount of true competition today. 9 of the top 10 shipping companies operate "under vessel-sharing agreements called 'alliances'" — PolitiTweet.org

Posted Nov. 7, 2022

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Judd Legum @JuddLegum

8. In rental cars, three firms control 50% of the market Between 2019 and 2021, Hertz and Avis "enjoyed a profit increase of 597%," from $244 million to $1.67 billion. https://t.co/SrqPsvEK1A — PolitiTweet.org

Posted Nov. 7, 2022