So, the big Chinese container makers got indicted by the US. Fancy that. Allegedly, they were playing fast and loose with prices during the pandemic, squeezing everyone dry.
The seemingly impenetrable walls of global shipping are starting to crack. A top CEO is indicted in the US for allegedly orchestrating a massive price-fixing scheme, shaking the foundations of how we move goods worldwide.
The Justice Department is pointing fingers at four of the world's largest shipping container manufacturers, accusing them of a cartel that artificially choked supply and doubled prices during the pandemic. It’s the kind of move that makes you wonder who’s *really* been profiting from global chaos.