News / Disruption and high freight rates created by competition authorities, says ITF

Competition authorities around the world have facilitated the disruption in global supply chains by effectively creating “a supportive legal framework for alliances and consortia” to manage global rates.

A report from the International Transport Forum (ITF) a think tank that is politically autonomous, but administratively integrated into the OECD, effectively concludes that global regulation has failed shippers and forwarders by engineering a situation in which shipping lines can legally ‘manufacture’ capacity shortages.

The ITF report calls for competition authorities around the world, ...