The European Commission (EC) has announced that 14 container lines have committed to improving their price transparency, which the EC says will reduce the likelihood of the container lines ...
The container shipping industry is being hit on multiple fronts, and the impact is being felt on freight prices for importers and exporters. “The good news is that the container market is still ...
Drewry says ocean freight rates rose to their highest level since September 2024 as importers replenish lower inventories and accelerate shipments ahead of July fuel surcharges and potential tariff ...
Two class action complaints follow last month's DOJ indictment alleging years-long conspiracy to restrict container output and raise prices.
Much has been made about additional imports tariffs floated by former President Donald Trump ahead of the 2024 presidential election. If implemented, such a plan would impose duties of up to 20 ...
The Justice Department indicted four shipping container manufacturers, alleging that they conspired to restrict the output and fix prices of shipping containers for at least four years. The ...
Ships are increasingly sailing through India and Sri Lanka, and through the Panama Canal. A cargo ship and tugboat sail through the Panama Canal's Cocoli Locks in Panama. The near-standstill of ...
Seven Chinese executives and four of the largest shipping container manufacturers were criminally charged in an antitrust case alleging they engaged in illegal price fixing during the pandemic six ...