Biden in attack on container alliances

No spot rats are not dropping because of any action by the US Government, but because of market forces and realities, not scaremongering.

Maybe too many Shippers signed up to too high long-term contract in panic?

I was pointing out that the government investigating anti-competitive behavior is not necessarily contrary to the principles of free trade or free markets. If that’s the case here or not is another matter. I’ll leave that question to the lawyers, politicians and accountants.

Despite after a two year investigation US Maritime regulator found no sign of collusion, a shipper from Illinois has cried foul, alleging two Asian carriers have operated in ways that contravene the Shipping Act, seeking millions of dollars for the exorbitant shipping costs it has had to fork out during the pandemic.:

Maybe they should turn their anger and claims in a different direction: