Federal Maritime Commission
American Importers Accuse Shipping Giants of Profiteering
David Reich assumed that a contract was a contract. His Chicago company, MSRF, assembles gift baskets for Walmart, Walgreens and other huge chains, importing key elements such as mugs and bowls from China. To move his goods across the Pacific, he has relied on agreements with some of the world’s largest container shipping companies. But […]
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Biden Turns to Antitrust Enforcers to Combat Inflation
But, Mr. Maffei said, the focus on antitrust has given the commission tools and confidence to investigate other abuses by shipping companies, now and in the future, when demand falls and companies might be tempted to try to keep their freight rates artificially high. “I think it has upped our credibility” with companies and discouraged […]
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As Prices Rise Due to Inflation, Biden Turns to Antitrust Enforcers
But, Mr. Maffei said, the focus on antitrust has given the commission tools and confidence to investigate other abuses by shipping companies, now and in the future, when demand falls and companies might be tempted to try to keep their freight rates artificially high. “I think it has upped our credibility” with companies and discouraged […]
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