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Lines put brakes on rates as regulators keep close watch on supply chain crisis

Complaints against carriers have grown as freight rates in the spot trades continued to climb to stratospheric levels

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Rate freezes implemented by CMA CGM and Hapag-Lloyd come a matter of days after European, US and Chinese regulators convened to address the global supply chain crisis, which has come under major scrutiny from shippers amid soaring carrier profits.

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This copy is for your personal, non-commercial use. For high-quality copies or electronic reprints for distribution to colleagues or customers, please call UK support at +44 (0)20 3377 3996 / APAC support at +65 6508 2430

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