"Columbia Sportswear is facing $40 million in incremental costs related to the higher cost of ocean shipping, CEO Tim Boyle said last week. The brand has incurred a high price tag, but it has "been successful securing allocation of containers and vessel bookings to transport our products," Boyle said. Boyle called the rates being offered by carriers "clearly monopolistic" and said that government intervention from either European or U.S. regulators could aid in bringing down costs."