A global pandemic created a global shipping crisis. We do not say that lightly or flippantly. The congestion we have been experiencing for nearly a year has no end in sight. It is chronic. It is pervasive. It affects every aspect of the supply chain.

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Meanwhile, ocean carriers continue to charge exorbitant per diem and demurrage charges. Is it any wonder the Federal Maritime Commission (FMC) is launching a formal investigation?

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