World Shipping Council Response to State of the Union: Container Shipping is a Competitive Industry
Washington, March 1, 2022 — Disruptions in America’s supply chain have thrust container shipping, the industry’s finances, and its operations into the public eye – including during tonight’s State of The Union Address. But the claims made by President Biden during his speech are not indicative of the industry or market dynamics.“Here are the facts: container shipping is a competitive industry with multiple ocean carriers actively challenging one another in the global marketplace and on the shipping lanes most relevant for U.S. trade,” said John Butler, President and CEO of the World