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Freight-Cost Pain Intensifies as Pandemic Rocks Ocean Shipping

  • Shippers of cargo call for regulatory help on three continents
  • Ocean liners’ control of rates, capacity comes under scrutiny
Rail And Container Shipping Operations At Berlin's Behala Inland Port
Photographer: Liesa Johannssen-Koppitz/Bloomberg

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Soaring freight rates and delivery delays have sparked a global backlash by companies frustrated about the destructive mix of deteriorating service and higher ocean shipping costs.