I also, on the same token, anybody here who has occasion to ship things across the Pacific Ocean, you know that a few years ago, the going rate for a container was about $2,500. Put whatever you want in The going rate for a container was about $2,500... During the height of the inflation, that went up to $25,000. I mean, companies that were dependent on that supply chain were just being raked over the coals. And why? Well, it's the same thing. (41:04–41:20)
CLAIM
Asserts that container shipping rates increased from $2,500 to $25,000 during peak inflation.
This is an excerpt from a raw transcript. The assertions have not been audited or verified. Tap the video to view the source footage and understand the context.