Commentary: When is a carrier price gouging?

The views expressed here are solely those of the author and do not necessarily represent the views of FreightWaves or its affiliates.  

There is a lot of talk about the recently soaring spot rates in trans-Pacific container trade. Year-over-year increases of 70% and higher are hard to ignore, especially in the middle of a pandemic – a time when many are working desperately to keep supply chains intact. Shipper associations may become even more concerned given the degree of consolidation among...

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