Container Shipping: Why Rates are Skyrocketing (It’s NOT Demand)

Container spot rates from China to the US West Coast have surged over 300% from March to June. FreightWaves' Craig Fuller breaks down why this isn't a demand-driven surge, but a reflection of concentrated power among international ocean carriers. Discover how foreign-owned shipping lines operate as a cartel, manipulating capacity and impacting US businesses. Plus, get insights on the domestic truc Read full article →