Response to tariffs by Chinese importers may see extra costs for US shippers
US exporters could face demurrage, detention, destruction of cargo, or return costs, after reports suggest ...
Yesterday, president Biden tweeted: “One of the reasons prices have gone up is because a handful of companies who control the market have raised shipping prices by as much as 1,000%. It’s outrageous — and I’m calling on Congress to crack down on them.” The first shot has been fired, and the language is strengthening. A spokesperson for Senator Klobuchar, who is working on a bill, added: “The ocean shipping companies need to be aware that their day is coming, ...
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Bad news for shippers as wave of transpacific rate increases continues
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Schenker's Shirley Sharma Paterson moves to K+N as global head of sales
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