By Brendan Murray (Bloomberg) — The world’s largest container carrier will push back against a proposed US government fine that would rank among the stiffest penalties handed down by the diminutive…
https://gcaptain.com/msc-disputes-excessive-fine-for-alleged-shipping-act-violations/
Korean Air is one step away from absorbing rival Asiana Airlines after the rivals agreed on Tuesday to European Commission merger conditions that Asiana divest its freighter business.
The last hurdle is the U.S. government, which reportedly objects to the deal because of concern the combined airline would dominate routes to the United States where the two carriers currently compete head-to-head for passenger and cargo traffic. The Biden administration believes a Korean takeover of Asiana would...
https://www.freightwaves.com/news/cargo-unit-sale-seals-eu-approval-for-korean-air-buy-of-asiana
The Federal Maritime Commission (FMC) has announced an informal public hearing focussing the impact of conditions in the Red Sea and Gulf of Aden regions on commercial shipping and global…
https://gcaptain.com/fmc-to-hold-hearing-on-red-sea-impacts-on-shipping-market/
By Alexander Whiteman (The Loadstar) – The European Commission’s decision not to renew the Consortia Block Exemption Regulation (CBER) after more than a decade covering box shipping in Europe has reopened…
By Mike Scarcella (Reuters) – Two Matson Inc subsidiaries must face claims from rival container shipping company American President Lines LLC that Matson is abusing its market power over service from the United States…
https://gcaptain.com/judge-rules-antitrust-lawsuit-against-matson-can-proceed/
FMC Commissioner Rebecca Dye on Tuesday released her long-awaited final report from her fact finding investigation into the effects of COVID-19 on the ocean shipping supply chain, formally known as…
https://gcaptain.com/fmc-fact-finding-investigation-finds-vigorous-competition-container-shipping/
The U.S. Federal Maritime Commission has had unprecedented support from Congress and the White House for holding the container shipping industry accountable to its customers, but the agency’s top official says more oversight is needed.
Speaking at the National Industrial Transportation League’s (NITL) Transportation Summit on Thursday, FMC Chairman Daniel Maffei acknowledged he may have been too optimistic about the ocean carriers’ ability to self-regulate, particularly as it relates to late...
Attorneys representing shippers in litigation involving four Class I railroads praised a federal appeals court decision this week that clarified what evidence can be submitted in two cases involving alleged price fixing in the early 2000s.
Stephen Neuwirth, an attorney with Quinn Emanuel Urqhuart & Sullivan, said in a statement that the “opinion will greatly assist the shippers in making their antitrust case against the railroads.”
Dozens of global companies representing chemical, automotive...
Finnish-based Cargotec and Konecranes have cancelled plans for a proposed merger after UK competition regulators blocked the transaction over concerns that it would harm competition in the market for container…
Supply chains are back in the news, perhaps a welcome distraction from the coverage of events in Ukraine. Late last week, the Biden Administration followed up on its year earlier…
https://gcaptain.com/supply-chains-liner-carriers-in-the-cross-hairs/