Against the odds: GXO Logistics on the throne
Here comes something we seldom witnessed before.
In the US, Congress will soon be asked to decide if shipping lines have become too powerful, and how they should be regulated.
President Biden is certainly taking a different approach to his predecessor when it comes to “making America great again”. He is bringing trust-busting back on the agenda.
Here’s why: High prices, crappy services and a lack of innovation are symptoms of strong oligopolies. Chip manufacturers and ocean carriers are two markets currently booming on post-pandemic recovery that suffer these symptoms.
“Shortage will ...