Is Maersk’s algorithm out of control?

This week the consultancy Linerlytica reported that carriers had accused Maersk of driving down spot rates, in what is an ironic turnaround given that in the past it is often Maersk that has levelled that accusation at others, but it has now emerged that it could be the Maersk Spot algorithm that is to blame for what appears to be irregular rates.

Rates in general have fallen to their lowest levels since May 2020 according to the Shanghai Container Freight Index (SCFI), but at least one...

https://container-news.com/is-maersks-algorithm-out-of-control/

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