'Fear and uncertainty' driving up China-US container rates

If Hunter S. Thompson had written about supply chain, we might have "Fear and Uncertainty in Ocean Shipping." He didn't, but we do. And the supply chain is trying to cope. Container rates on the Asia-U.S. trade are surging during the pause in the China-U.S. tariff tiff as carriers press for higher prices and gauge shippers' desperation. "Fear and uncertainty is a powerful force in global supply chains and we are seeing this clearly as shippers fight to get their goods moving after the temporary lowering of U.S.-China tariffs - and they are willing to pay higher rates to do…