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The US increases its container alliance monitoring on the heels of rate boom

The US maritime authority now increases its monitoring of the three big container alliances following recent months' booming container rates. This happens just a few months after China summoned the container lines for a meeting to discuss a ceiling on rates.

Photo: Fabian Bimmer/Reuters/Ritzau Scanpix

The three global alliances among the world's biggest container lines are now under increased scrutiny in the US.

This development comes after recent months' overheated container market, which has seen rates skyrocketing as a result of the corona pandemic – particularly on the big tradelane from Asia to North America.

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