Volume surge and an early peak season? 'Don't celebrate too soon,' warning
While this week’s announcement of a new 90-day window/reprieve on US-China reciprocal tariffs had carriers ...
© David Tonelson |
By Alex Lennane
UPDATED 22 NOVEMBER TO REFLECT THAT THE SOURCE WAS A WHITE HOUSE BLOG, NOT AGTRANS.
The White House has called on authorities to impose greater scrutiny on shipping alliances and the behaviour of shipping lines during the pandemic.
“Today a system of global alliances dominates global shipping, where nine carriers that have been organised into three alliances controlling about 80% of the global shipping market, and 95% on the critical east-west tradelanes,” noted a White House blog post.
“Alliances only controlled 29% of ...
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