Transpacific sees first major MSC blanks as rates fall and volumes falter
Following nine weeks of consecutive declines in spot freight rates on the transpacific, carriers are ...
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Since the pandemic began, complaints of carrier misdeeds have circulated across the industry and around the globe.
In the US, President Biden’s administration decided to try and protect US importers and exporters with the introduction of the Ocean Shipping Reform Act 2022 (OSRA22).
The legislation gave new powers to the Federal Maritime Commission (FMC) and, in one of the first cases to be brought, one of the world’s biggest carriers, Maersk Line, and its subsidiary, Hamburg Süd, are accused by former customer OJ ...
Comment on this article
Rahul Kejriwal
November 23, 2022 at 2:28 pmShipping companies also charge demmuragge and detention far higher than actual costs , 100 times higher or 1000 percent more than value of goods sometimes and then auction the goods, that is theft blackmail and daylight robbery.
Should be banned and punished