Re: Profiteering Foreign Shipping Companies Versus U.S. Workers

Frank Ponce De Leon’s editorial on profiteering by the foreign shipping companies is smack on the mark correct. They have used the pandemic as cover to increase shipping prices by 1,000% and more. This can not possibly be justified. Are ship crews paid 10 times more? Longshoremen? Ship builders? Certainly not.

Cost of shipping a container from China to the USA, up from $2,000 to $25,000. Why? Can someone answer if the cost from the USA to China is also $25,000? Or it is unchanged?

By shipping empty containers from USA to overseas because they make more money faster than shipping USA goods in those containers they have manufactured a VERY profitable crisis.

And how much of the very same thing is being done in our USA supply chain by greedy shippers and sellers? The Biden administration needs to look into the profiteering and use Anti-Trust laws to clean this mess up.

John Mattson,

San Pedro