Australian Consumer Watchdog Begins Investigation Into Rising Shipping Costs

Shipping containers sit on the dock at a container terminal at the Port of Long Beach-Port of Los Angeles complex, in Los Angeles, Calif., on April 7, 2021. REUTERS/Lucy Nicholson/File Photo

The Australian consumer watchdog has begun an investigation into Australia’s rapid rise in shipping and container costs, which is beginning to cause price hikes in the retail sector.

The Australian Competition & Consumer Commission (ACCC) Chairman Rod Sims told The Australian that the investigation would focus on the price and movement of containers.