The results of a yearlong investigation into China’s monopoly over ocean container production are being highlighted to lawmakers to illustrate the potential threat to the U.S. economy.
Federal Maritime Commissioner Carl Bentzel, who released a report on the investigation publicly on Wednesday, wants to spark a policy debate on the long-term implications of the country’s “complete reliance” on Chinese container manufacturing.
“Chinese container manufacturing clearly took steps together to suppress...
https://www.freightwaves.com/news/fmc-commissioner-red-flags-congress-on-chinas-container-monopoly