Freight economist to government: Stay out of ocean shipping mess | Hellenic Shipping News Worldwide
Calls for the U.S. government to regulate the shipping industry in response to costly disruptions are misguided because conditions are the result of overwhelming consumer demand and unusual supply volatility caused by COVID, a leading freight economist said Wednesday. Port delays, insufficient vessel and container capacity, skyrocketing transport rates and terminal late fees have roiled ...
Source: hellenicshippingnews.com