Container spot rates have peaked as all major trades see prices fall
There was more evidence in this week’s container port freight markets that peak prices on ...
© Sheila Fitzgerald
US lawmakers have given carrier MSC until the end of the month to explain why it was levying congestion charges.
The deadline follows a complaint filed by SOFi Paper Products.
Under the new powers given to the Federal Maritime Commission (FMC) since the Ocean Shipping Reform Act 2022 was passed into law last June, a flood of complaints from shippers has been filed in Washington.
According to the FMC, Switzerland-based MSC must provide justification for its $1,000 congestion surcharge on a SOFi shipment last July.
Since OSRA 2022, MSC has been involved in a number of high-profile complaints from shippers, including a $1m case brought by Pennsylvania furniture shipper MCS and complaints over chassis use, ruled on by an FMC judge yesterday.
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