WSC asks US court to order FMC to correct 'inconsistent' new D&D rules
Changes to the Federal Maritime Commission’s (FMC) rules surrounding detention and demurrage charges and truckers ...
UPDATE: 20.6.16
The US Department of Justice has dismissed all criminal charges against FedEx, relating to the distribution of pharmaceuticals, saying the company was “factually innocent”.
FedEx could be in line for fines of up to $1.6bn if it loses a trial in which prosecutors are alleging it schemed with online drug stores to ship illegal prescriptions.
The trial, which started on Monday, hinges on whether FedEx knew it was shipping illegal drugs. UPS and others decided not to fight allegations and paid out $40m in 2013, but FedEx insists it did nothing wrong. The court will need to look at dozens of emails, which prosecutors claim prove FedEx knew the pharmacies were “shady” and “on the run” from the DEA. Said to be a very rare trial in the corporate world, it should prove interesting, headed as it is by a colourful judge who is already showing scepticism to prosecutors.
MSC Aries now bound for Iran, and crisis will be 'a catalyst for higher rates'
Urgent call for breakdown of cargo onboard as General Average declared on Dali
Hong Kong drops out of world's top 10 busiest container ports
Iranian troops seize MSC box ship while Somali pirates net $5m ransom for bulker
Flexport is 'back on track' – now it needs to start growing again
Bottlenecks and price hikes as airlines now avoid Iran airspace
Capture of MSC Aries will further drive up Indian export costs
Iran may now pose a threat to multimodal supply chains via Dubai
Alex Lennane
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