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CNN CNN Newsroom With Alisyn Camerota and Victor Blackwell July 7, 2024



and aircraft. all kidding aside, he s come off the sidelines. he s retired, helped us identify and 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 the 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 would want to pop them. i really mean it. there are nine major ocean line companies that ship from asia to the united states. they form three consortiums. these companies have raised their prices by as much as 1000%. so everything coming from asia, 90 some percent of it is stuff coming from asia. they ve raised it by 1000%. that s why i called on congress to crack down. they re foreign-owned shipping companies that raised their prices, while raking in just last year $190 billion in profit. a sevenfold increase in one year. sevenfold in ....

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