Transpac leads spot rate collapse as consumer spending reaches 'tipping point'
Container spot rates are tumbling – and there are no signs of the usual pre-peak ...
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By Ruben Huber
Policymakers everywhere have been searching for scapegoats to blame inflation on – in Germany and Europe it is the war and fossil fuel costs that are the chief culprits while in the US, Joe Biden has identified “foreign-owned shipping companies“ as the main driver.
Perhaps shipping lines should take a leaf from the Amazon book of business and invest in Washington lobbying or raise some PACs [political action committees] for the midterm elections. Leaders on both sides of the Atlantic appear ...
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