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FMC chair on pressured freight market: "Everyone is responsible, but no one is to blame"

More working hours in US ports could help ease the burden in the chaotic freight market, says FMC chair Daniel B. Maffei. The entire supply chain is under pressure, according to a debate with participation from World Shipping Council and Kuehne+Nagel, among others.

Photo: FMC

The global freight market continues to be stuck in an unprecedented situation, with sky-high freight rates, delayed container vessels and bottlenecks in ports.

The pressured market was on the agenda during the Capital Link conference in New York this Thursday. Here, Daniel B. Maffei, chair of FMC, spoke on the current challenges and quoted one of the maritime authority's other commissioners, Louis E. Sola:

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