transpacific trade
- Regulatory Agencies
FMC seeks to limit ocean carriers’ leverage on container space
Federal regulators are proposing a “burden-shifting regime” aimed at helping importers and exporters secure container space on ships.
Read More » - Regulatory Agencies
Experts urge quick action to comply with ocean shipping reform law
Container market experts advise carriers and shippers to act quickly now that new rules regulating ocean shipping are in effect.
Read More » - Maritime
House panels open price-gouging probe of major ocean carriers
Congressional watchdogs are alleging predatory pricing by three major container ship operators and want answers by March 16.
Read More » - Regulatory Agencies
New legislation would strip ocean carrier antitrust protections
The Biden administration is backing new legislation aimed at alleged out-of-control market power by foreign ocean carriers.
Read More » - Regulatory Agencies
Exporters ratchet pressure on Biden to take on shipping challenges
U.S. agribusiness exporters claim they are poised to lose 22% of sales due to massive increases in container shipping rates.
Read More » - Regulatory Agencies
Swiss megaship operator rejects allegations of collusion by US shipper
A U.S. manufacturer defends its complaint filed against container ship giant MSC with the Federal Maritime Commission despite the carrier’s denial of contract violations.
Read More » - Regulatory Agencies
US company sues ‘collusive’ ocean carriers, alleging price manipulation
An American company has accused foreign ocean carriers of abusing the container market to pad their profits.
Read More » - Regulatory Agencies
Regulator wants more ‘enforcement capacity’ against container lines
The chairman of the Federal Maritime Commission defends the lack of fines levied in 2020 while requesting a funding boost for 2022.
Read More » - Regulatory Agencies
Maritime regulator signs first-ever competition agreement with Justice Department
The Federal Maritime Commission has partnered with the DOJ to pursue competition violations.
Read More » - FreightWaves Classics
FreightWaves Flashback: Study shows Pacific container trade slowing down
1988: The U.S.-Far East container trade will undergo a significant drop in growth over the next few years, according to a study recently completed by…
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