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Investigate soaring freight costs & the huge increase in shipping lines profits

Submitted on Tuesday 25th January 2022

Rejected on Monday 31st January 2022

Current status: Rejected

Rejection code: irrelevant (see below for details)

Petition Action

Investigate soaring freight costs & the huge increase in shipping lines profits

Petition Details

We are asking the UK Government for support to investigate the soaring freight costs following the Coronavirus pandemic and the extreme increase in profits reported by shipping lines.

Additional Information

Many UK importers and SME businesses are facing inflated foreign shipping costs that cannot be absorbed and will inevitably lead to higher prices for consumers or businesses having to close!

We are asking for support to investigate the soaring freight costs amid a global shipping crisis!!

We are a SME business who import furniture from Asia and the Far East. Following the Coronavirus pandemic there has been a sudden and unfair monopolisation by International Shipping Freight Logistics Companies on any supplier or manufacturer attempting to import from overseas into the UK! Costs have soared from $2,800 (per 40ft container), this has now spiked to $16,000!


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This petition was rejected

The Government e-Petitions Team gave the following reason:

We understand that you are concerned about shipping costs, but the Government is not responsible for shipping costs charged by international freight companies.

The Competition and Markets Authority is responsible for investigating competition or market problems. You can find out how to notify the CMA if you think competition law might have been broken or you're concerned there’s a problem in a market sector here: www.gov.uk/guidance/tell-the-cma-about-a-competition-or-market-problem

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