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Ocean Freight Carriers’ ‘Blatant Profiteering’ Draws Outrage – Sourcing Journal

Ocean Freight Carriers’ ‘Blatant Profiteering’ Draws Outrage – Sourcing Journal

by scceuJanuary 6, 20220467

The British International Freight Association (BIFA) has asked the U.K. government to investigate the state of competition within the current ocean container shipping market amid recent consolidation in the sector alongside record profits for ocean carriers. BIFA, the U.K.’s top trade association for freight forwarding and logistics companies, says that its members are concerned that…

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