On this episode of What's Going On With Shipping, Sal Mercogliano - Associate Professor of History, former merchant mariner, and adjunct professor of Maritime Industry Policy - discusses the escalating and skyrocketing costs to move shipping containers (Forty-foot equivalent units F.E.U.) across the world's oceans. He examines why rates and indices are different and what is causing the inflation of the rates, along with issues impacting the rates - such as COVID closedowns, increase consumer demand in the US, natural occurrences and others. Finally, he showcases the first of its kind lawsuit brought against two of the major container lines by an American shipper with the Federal Maritime Commission. Are you shipping me?!? $32,000 container move from China to LA https://www.freightwaves.com/news/are-you-shipping-me-32000-container-move-from-china-to-la Different container indexes, vastly different rates. Which is right? https://www.freightwaves.com/news/different-container-indexes-vastly-different-rates-which-is-right Freight Broker CEO Sees Supply Chain Snarls Lasting at Least Through February https://gcaptain.com/freight-broker-ceo-sees-supply-chain-snarls-lasting-at-least-through-february/ US ports face peak-season ‘gridlock plus’ as anchorages fill https://www.freightwaves.com/news/us-ports-face-peak-season-gridlock-plus-as-anchorages-fill Vietnamese supply chain dislocation worsens https://splash247.com/vietnamese-supply-chain-dislocation-worsens/ Indian Union Accuses China Of Unofficial Seafarer Ban https://gcaptain.com/indian-union-accuses-china-of-unofficial-seafarer-ban/ Staying on the front foot https://splash247.com/staying-on-the-front-foot/ FMC Presented with Interim Recommendations to Address Supply Chain Issues https://gcaptain.com/fmc-presented-with-interim-recommendations-to-address-supply-chain-issues/ FMC and DOJ Agree to Collaborate on Liner Shipping Antitrust Issues https://gcaptain.com/fmc-and-doj-agree-to-collaborate-on-liner-shipp