The Federal Maritime Commission plans to audit nine of the largest container carriers operating in U.S. markets to find out if they are using their market power to overcharge shippers on detention and demurrage fees.
The Vessel-Operating Common Carrier Audit Program, launched on Monday by FMC Chairman Daniel Maffei, will also “provide additional information beneficial to the regular monitoring of the marketplace for ocean cargo services,” according to the agency.
The top nine carriers by market...
https://www.freightwaves.com/news/fmc-to-assess-whether-container-lines-are-abusing-market-power