A top maritime official has started an informal investigation into whether China is using its market power to monopolize containers and other equipment crucial to international supply chains to pump up rates paid by American exporters.
Carl Bentzel, a U.S. Federal Maritime Commissioner (FMC), told attendees at a virtual business meeting hosted by the Intermodal Association of North America that he is looking into the availability of containers, intermodal chassis and railroad equipment, and...
https://s29755.pcdn.co/news/us-regulator-probing-chinas-role-in-container-shortage