US charges 7 Chinese executives and 4 shipping firms linked to container cartel
Culture Index
Score Breakdown
Relevance
3/25
Freshness
22/25
Authority
18/20
Brand Signal
9/15
Depth
6/15
5-Axis Cultural Radar
The US has charged seven Chinese executives and four of the world’s largest shipping container companies with conspiring to restrict supply, raising the price of containers during the Covid-19 pandemic, Department of Justice officials said on Tuesday. The companies together manufacture about 95 per cent of the world’s standard dry shipping containers and conspired to restrict output and fix p
