Supply chain issues and high shipping rates have thrown a spotlight on the market concentration of shipping lines and their legal immunity from antitrust laws.
(Bloomberg) Ocean shipping rates are expected to stay elevated well into 2022, setting up another year of booming profits for global cargo carriers and leaving smaller companies and their customers from Spain to Sri Lanka paying more for just about everything.
Shipping companies had a $150 billion year Economists warn they re also stoking inflation ajot.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from ajot.com Daily Mail and Mail on Sunday newspapers.
By Lauren Etter and Brendan Murray (Bloomberg) — Ocean shipping rates are expected to stay elevated well into 2022, setting up another year of booming profits for global cargo carriers .