Transpacific contract rates rise on Trump’s fickle policies
Shippers exasperated with the constant flip-flops in the Trump administration’s trade policy have agreed to ...
The US Federal Maritime Commission’s Bureau of Enforcement (BOE) has requested that Taiwanese carrier Wan Hai be fined $850,000 over unfair detention and demurrage charges levied on some 21 containers between May 2020 and April 2022.
The level of the fine was set after Wan Hai agreed to settle the case rather than have it go to court, although FMC legal filings show that the settlement does not include an admission of guilt by the carrier.
“BOE and respondents [Wan Hai and ...
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