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Transcripts For MSNBC Katy Tur Reports 20240707

tanks and aircraft. all kidding aside, he s come off the sidelines. he retired. he helped us get ahead of the challenges that arise at our ports, our railroads and on the road. this is about reducing costs for families. you know, i have to admit to you a lot of us elected officials have been in office for a while. every once in a while something you learn makes you viscerally angry, like if you had the person in front of you, you d want to pop him. i really mean it. there are nine major ocean line shipping companies that ship from asia to the united states. nine. they formed three consortiums. these companies have raised their prices by as much as 1,000%. so everything coming from asia, they get 90 something percent of stuff coming from asia. they ve raised it by 1,000%. that s why i called on congress and they re foreign owned shipping companies that raised their prices while raking in just last year $190 billion in profit. a seven-fold increase in one year. seven-fold inc

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