An importer filed a proposed class action against the world’s largest markers of shipping containers, claiming it bore additional costs as a result of the companies’ alleged conspiracy to restrict ...
Four Chinese container manufacturers that produce about 95 percent of the world's dry boxes allegedly restricted output as ...
The four firms allegedly conspired to roughly double container prices between 2019 and 2021.
Ocean spot freight rates are accelerating at their fastest pace since last June in a sign that the peak shipping season is ...
WASHINGTON, June 3 (Reuters) - A U.S. importer has filed a class action in federal court against the world's largest shipping container manufacturers, accusing them of conspiring ‌to fix prices in a ...
The indictment, which was first reported by CBS News, marks the latest in a series of probes by the Justice Dept. related to the COVID-19 pandemic.
It's estimated that just under 800 million shipping containers are transported annually, according to Contimod. Due to the rise of online marketplaces like Amazon, the need for shipping containers ...
The US yesterday announced the indictment of seven Chinese executives and four of the world’s largest shipping container ...
SINGAPORE, May 21 — A prominent Singapore shipping executive and six Chinese nationals have been accused by ...