Container Shipping Earnings Now Rival Apple. It’s Not a Good Look

Whereas ocean carriers aren’t in charge for port closures, it’s no shock they’re those feeling the brunt of this criticism, particularly within the U.S. The large container traces are sometimes international owned, which means U.S. politicians have much less to lose by taking them on. Regardless of the heroics of their crews within the pandemic (they have been usually stranded for months at sea), the trade’s oligopolistic construction, favorable taxation and air pollution all make it susceptible to criticism.