Home » DOJ charges 7 Chinese execs, 4 companies in alleged conspiracy that drove up cost of global shipping

DOJ charges 7 Chinese execs, 4 companies in alleged conspiracy that drove up cost of global shipping

Over four years, the Justice Department alleges, the suspects doubled the cost of the containers, which increased the manufacturers’ profits by 100-fold during the 2020 pandemic.

Over four years, the Justice Department alleges, the suspects doubled the cost of the containers, which increased the manufacturers’ profits by 100-fold during the 2020 pandemic.