Shippers claim major box lines 'acted together' to profit from the pandemic
Global container lines may be facing fines, and compensation payments of more than $75m, after ...
The Chinese government has protested to its South Korean counterpart over the imposition of hefty fines on 23 liner operators allegedly involved in collective freight price-fixing.
The group comprises 12 Korean companies and a few foreign ones, including some Chinese liner operators.
During a National Assembly session on 15 July, Korean lawmaker Lee Man-hee, of the conservative People Power Party, reported that after the Korea Fair Trade Commission (KFTC) imposed the fines in June, the Chinese government sent a letter expressing disagreement.
The Korea ...
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