Federal authorities are reportedly investigating whether Chinese companies deliberately restricted production of shipping containers just before the COVID-19 pandemic, a move that could have worsened one of the most painful supply chain shocks in recent history.
According to an exclusive report from CBS News, the probe focuses on a small group of Chinese firms that dominate the global manufacturing of unrefrigerated shipping containers. Investigators are examining whether the companies slowed production in late 2019 by limiting employee work hours, a step authorities believe could point to a plot to reduce global supply and push prices higher.
