Shipping carriers rejected tons of U.S. agricultural exports, opting to send empty...
Story Date: 1/28/2021

 

Source: CNBC, 1/26/21


Shipping carriers rejected U.S. agricultural export containers worth hundreds of millions of dollars during October and November, instead sending empty containers to China to be filled with more profitable Chinese exports, a CNBC investigation found. The Federal Maritime Commission has received petitions from U.S. agricultural exporters warning that the delays in trade not only threaten profits but the reputation of the industry.  

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