Shipping giants throttle capacity as freight costs explode, and consumers will foot the bill just in time for the holidaysA container of goods crossing the Pacific now costs a small fortune, and the reason is not a sudden hunger for consumer goods. Ocean spot rates have surged even as cargo volumes out of China to the United States slipped roughly 1%. The evidence points to a handful of carriers controlling the supply of ships, […]Natural News15d agoWhole story →CommerceFoodfreight cost surge
