US company sues ‘collusive’ ocean carriers, alleging price manipulation

A U.S. manufacturer is accusing two of the world’s largest ocean carriers of reneging on its container service contract for imports from Asia so that the carriers can instead charge other shippers exorbitant transportation rates on the spot market.

In a complaint filed on Wednesday with the Federal Maritime Commission, Easton, Pennsylvania-based MCS Industries, a maker of household furnishings, also accuses China’s COSCO Shipping Lines, Switzerland’s MSC Mediterranean Shipping and their...

https://www.freightwaves.com/news/us-company-sues-collusive-ocean-carriers-alleging-price-manipulation

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