Amid soaring inflation and record-high shipping rates, President Biden aims to lower costs by increasing competition within the shipping industry. With pandemic disruptions creating bottlenecks, container transport costs from China to the U.S. West Coast have surged, further increasing consumer prices. Biden advocates for more oversight of foreign-owned ocean carriers, which have been charging unexpected fees and prioritizing profitable routes, leaving small businesses struggling. CEO of Global Gateway Logistics Caitlin Murphy notes how these practices have severely impacted small businesses by skipping over less profitable ports, making it increasingly difficult to move goods globally and driving prices up.
Entreprenista League Member on Founding Her Business and Giving Back
April 5, 2024
Caitlin Murphy, an Entreprenista League member, dives into her personal story as a female entrepreneur in a male-dominated industry. As founder and CEO of Global
